Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
On the other hand, this week has seen the most positive divergence in many a moon between junk corporates and oil. Either because the rush to yield continues or the oil defaults to come have finally been factored into junk bond prices.
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