
Stocks Rebound From Lows After Fed Hike, and Meta Soars on Earnings 2/1/23
CNBC's "Fast Money"
00:00
The Credit Curve Is a Great Opportunity for Yield Investors
The LQD, an investment grade corporate bond ETF, jumped after the Fed's latest rate hike. The VIX is trading at 17 times and a VIX is a representation of business risk. All that has to happen if the VIX goes from 17 to 22, 23 spreads are going to widen. I just see no value in credit at the moment.
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