Technically Speaking For December 17

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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

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