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High-yield ETFs had their biggest week of fund outflows on record last week, according to BAML,...

  • Friday, February 8, 2:58 PM ET
    High-yield ETFs had their biggest week of fund outflows on record last week, according to BAML, and it's led to another decline in the number of HYG shares outstanding. A check of high-yield price distribution finds nearly the whole universe trading above par, with call-constraints meaning upside is limited from here.
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  • I'd need to see much more selling to get into this significantly overbought sector.
    8 Feb, 03:07 PM Reply Like
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