Even The IMF Is Sounding The Junk Bond Alarm

Ever since the start of 2018, an odd divergence has emerged in credit markets, where Investment Grade bonds have seen their spreads leak progressively wider, hitting levels not seen in 2 years, while the bid for higher yielding, and much more risky, junk bond debt has been seemingly relentless, with high yield spreads near all time lows.

 

https://www.zerohedge.com/news/2018-06-26/imf-sounds-alarm-over-junk-bond-bad-boom