S&P 500 and U.S. High Yield OAS

S&P 500 and U.S. High Yield OAS The new cycle low in the U.S. high yield option-adjusted spread is seen as a promising signal for the S&P 500, supporting bullish expectations as we approach the end of the year. Image: BofA Global Research

Weekly High Yield Fund Flows

Weekly High Yield Fund Flows Over the past week, U.S. high-yield funds experienced their largest outflow in nine weeks, signaling a shift in investor sentiment towards lower-risk assets. Image: BofA Global Research

High Yield Bond Flows

High Yield Bond Flows Persistence outflows from high yield bonds could signal a lack of confidence in the underlying companies and their capacity to fulfill debt obligations, making it a crucial indicator to monitor closely. Image: BofA Global Investment Strategy

U.S. High Yield Credit Spreads vs. VIX

U.S. High Yield Credit Spreads vs. VIX Low high-yield credit spreads and a low VIX may suggest market positivity, but the lack of fear or volatility can paradoxically create a sense of complacency among investors, causing them to overlook potential risks. Image: Topdown Charts

Global High Yield Bond Prices

Global High Yield Bond Prices High-yield bonds are often called the “canary in the coal mine”, as they are seen as a leading indicator of the health of the economy. Image: BofA Global Investment Strategy

USD High Yield Gross Issuance

USD High Yield Gross Issuance Rising interest rates do not bode well for high yield issuance. Image: Goldman Sachs Global Investment Research