Summary
- The high-yield market’s problems are continuing
- Retail stocks are selling off
- At a time when the bulls could really use some good news, they didn’t get any
According to the Financial Times, the high-yield market is “drying up.”
Investment banks are having a difficult time finding buyers for leveraged loans, leading to the postponement of a number of deals until after the first of the year. Yields in the high-yield market continue to move higher:
Read more at : https://www.investing.com/analysis/technically-speaking-for-december-17-200368940
