Credit spread vs SPX
Today credit spread widen (HYG/IEF, JNK/TLT) and market went up.
Do not know which one is a fakeout??? Normally credit spread is a leading indicator.
It may be a warning?? There are other yield spread confirming credit spread widening.
Bikko
This spread thing you talk about is very confusing. Please explain and elaborate on what you are talking about and perhaps post a chart tia