Narrowing yield spreads between investment-grade and high-yield bonds suggest investors are comfortable taking on more risk. With junk bonds rallying and Treasury yields remaining steady, the bond market indicates confidence in the U.S. economy’s resilience. Given these conditions, investment-grade corporate bonds like LQD may offer limited upside. I’m shifting focus toward opportunities with better risk-reward dynamics as credit markets show no clear signs of an imminent slowdown, despite recent stock market volatility.
| Side | Price | Realized P&L |
|---|---|---|
| Sell Open | 109.00 | -- Closed |
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