This is Nuckin Futz

How come High Yield Corporate Bonds ( affectionately know as Junk Bonds) have been massively outperforming 10 Year Treasury Bonds lately ?

Does this mean that Treasury Bonds are worse then JUNK ?

Thanks Bikoo for pointing this out….but WTF ?

see below the ratio chart to see that BOTH JNK and TLT had a strong down day after the Fed this week announced rates are headed higher.