Quote:
Originally Posted by OMG!WTF!
The meeting with Powell, Yellin and Bernanke last week was really the turning point for the bear market. The word "patient" with future rate decisions was the key to this rally.
I meant to ask last time...what's the "High Yield Master II Option Adjusted Spread"? It looks important.
|
Spread between junk and govt bond yields, which directly correlates to bull/bear markets