Wall Street looks at high - yield
bonds as a leading indicator for stocks.
Not exact matches
While junk
bonds may not represent a systemic risk
as credit derivatives did during the financial crisis, they can be one of the more effective
leading economic
indicators.
Another great post from one of my favorite sites (McClellan Financial Publications) regarding the use of crude oil
as a
leading indicator for
bond yields.
However, in the short term
bonds are likely to benefit from lower CPI inflation rates
as my
leading indicator, the absolute change in oil prices from a year ago, is pointing to the U.S. CPI ex shelter declining to between 2 and 2.5 % in February / March.
However, in the short term
bonds are likely to benefit from lower CPI inflation rates
as my
leading indicator, the absolute change in oil prices from a year ago, is pointing to the U.S. CPI ex shelter declining to between 2 and 2.5 % in February / March.
Bond Spreads may also be useful
as a
LEADING indicator.
Yesterday, Wall Street «
Bond King» Jeffrey Gundlach told Reuters that «Bitcoin keeps
leading,» and its use
as an
indicator for markets is more than just a «gut feeling» now.