Corporate Bond Spread Is Not Consistent With the Idea That We're Going Into Recession

The high-yoke corporate bond spread is very closely tracks the VIX. It tends to start rising several six months before uh from very low levels and then once it blows through that average 500 that's about the time you know month or two later you're in recession. Bank of England next week is going to start buying corporate debt again so maybe that is kind of causing this relationship to breakdown but spread should be a lot wider than they are right nowYeah daphne yeah i just that just i mean i hear you about the moral hazard that i just that doesn't feel right I think put yourself i'm an investor i buy an investor and fixed income corporate debt do you really touch a