From Investing.com: 2024-10-23 01:26:00

High-yield, high-debt bonds have been strong but may be losing steam. HYG price falls below 50-DMA, underperformance compared to other indexes. Bearish divergence in momentum signals caution. Weekly chart shows negative phase change. Monthly chart trading within range, potential inflection point looming. SPY, IWM, DIA, QQQ, KRE, SMH, IYT, IBB, XRT ETF levels to watch for support and resistance. HYG at pivotal 79.50 support.



Read more at Investing.com: Turnaround Tuesday: Junk Bonds Flash Caution