I see the BOJ dumping treasuries this summer, which'll force down the USDJPY pair, and increase inflation here at home. When rates go down, borrowing money is easier, especially for junk corporations avoiding default due to decades high interest rates.
Could
HYG
fall back into the box one last time? Absolutely, if the dollar ticks higher after FED hawkishness. But then,
HYG
will catapult.
When HYG is ready I'll give out some options plays to capitalize on the bullish trend.
Could
When HYG is ready I'll give out some options plays to capitalize on the bullish trend.