The High Yield Bond Market Is Blowing Out Again

• The High Yield Bond Market Is Blowing Out Again
  by Tyler Durden, www.zerohedge.com 
  This was not supposed to happen. Since The Fed raised rates the temporary (one day) stability in high-yield bonds has been obliterated. Across all sectors, HY bonds are being sold; the HY bond ETF is tumbling back to recent lows; and Energy spreads have surged to record highs. In a nutshell, it’s not over yet!
  –
  Everything is being sold…
  –
  read more.

end