From Investing.com: 2024-04-25 02:32:00

Junk bonds, also known as high-yield bonds, are issued by companies with lower credit ratings to attract investors with higher interest payments. These bonds are considered riskier due to the issuers’ credit ratings but offer potentially higher returns.

Key takeaways from the chart analysis include the S&P 500 maintaining support, with HYG holding the 200-DMA as key support. The support levels for various ETFs, including IWM, DIA, QQQ, KRE, SMH, IYT, IBB, XRT, and HYG, are highlighted, with resistance levels also noted for each ETF. A move over certain levels could shift the risk scenario from neutral to positive.



Read more at Investing.com: Why Follow Junk Bonds? | Investing.com