HIGH YIELD BOND ALERT - "JNK" & "HYG" NOW AT MATASII DOWNSIDE TRIGGER
1- The MATASII BOND & CREDIT SII HAS BEEN WARNING OF THIS FOR SOME TIME (See SII Page):
PRESENT MATASII FOCUS IS TWO FOLD
HY CORPORATE JUNK BONDS – Is Setting Up for a Major Decline As Credit Markets Tighten (See “Road Map to Repricing of Risk” & Guide To Selecting Junk Bonds)
LONGER TERM MONTHLY SETUP
We now read: THE HEADLINE: "Worst October For Junk Bonds Since 2008 As Yields Surge"
2- HERE IS THE MATASII CHART SIGNALLING THE POTENTIAL OPPORTUNITY AS WE APPROACH THE DOWNSIDE TRIGGER BREAK POINT
"JNK"
"HYG"