Yulia Slavina

High yield credit outperforms while long U.S. Treasuries lag, Michael A. Gayed notes

High yield credit outperforms while long U.S. Treasuries lag, Michael A. Gayed notes
High yield outpaces long U.S. Treasuries

Michael A. Gayed observes that high yield bond ETF HYG is down 0.9% year-to-date, while long U.S. Treasury ETF TLT is down 1.1%.

He notes that credit markets remain calm, but longer duration assets are experiencing more volatility, highlighting a notable divergence in market behavior.

Gayed recently highlighted a 1.25% drop in the S&P 500 and a 12% spike in the VIX, citing a reversal in market sentiment. In a separate commentary, he addressed his earlier remarks on Bitcoin margin calls related to Michael Saylor. These updates follow his ongoing observations of divergence across major asset classes.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
Weekly Top Bonuses
up to $2,500
deposit bonus for all clients
CLAIM BONUS
Your capital is at risk.