Red Bull and Vodka Economy (guest: Harris Kupperman ‘Kuppy’)
The Market Huddle
00:00
The Junk Bond Market and the Economic Downturn
The high yield corporates have been still holding down along the bottom and relatively weak. They've really just been more or less weak because of the general rise of broad interest rates. So you have a scenario where junk bonds have not yet started to worry about an economic downturn. And I think that really will be ultimately the canary in the coal mine if and when shit starts hitting the fan.
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