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The Market Meltdown Has a Surprising Survivor: Junk Bonds
That is apple to orange comparison. Both asset classes declined but with different magnitude. Junk bonds and emerging market bonds (USD hedged and local currencies) fare the worst among other bond sectors. US treasury performed the best since that is considered the safest harbor (for now). Investment grade bond is somewhere in between.
For unbiased views please examine the corresponding indices.
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For unbiased views please examine the corresponding indices.