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Re: OTCRIDER post# 16319

Thursday, 12/10/2015 10:56:22 PM

Thursday, December 10, 2015 10:56:22 PM

Post# of 39190
BofA ML Hi Yield Bond (CCC Or Below) Index Soars To Highest Effective Yield since Early 2012
https://confoundedinterest.wordpress.com/2015/12/09/bofa-ml-hi-yield-bond-index-soars-to-highest-effective-yield-since-early-2012/

Guess What Happened The Last Time Junk Bonds Started Crashing Like This? Hint: Think 2008

...The extreme carnage that we are witnessing in the junk bond market right now is one of the clearest signals yet that a major U.S. stock market crash is imminent.

...On Tuesday, high yield bonds had their worst day in three months,

...Dow Transports are in reverse. Down over 3% today, the biggest drop since the Black Monday collapse,
http://seekingalpha.com/article/3743226-guess-what-happened-the-last-time-junk-bonds-started-crashing-like-this-hint-think-2008