Party like 1987...

経済
  • いよいよ来てますかねぇ。

GEA: Junk Bond Yields Rise Fifth Straight Day; Treasuries Rally

Treasuries certainly are not "risk free" but the odds of a double dip recession and lower treasury yields are high. Moreover, those expecting a further rally in high quality corporates may be mistaken. Finally, if the bottom in junk bond yields is in for a while, the risk of further selloff in the equity markets is also high, with the "flight to safety" trade back on.