The yield curve and new unemployment claims suggest that the worst may be behind us. However, here has not been a high-yield index published on the Wall St. Journal's website for at least a day, and that gies one pause. Better to stay conservative until that critical measure becomes available.
2 comments:
High Yield daily data available thru Merrill Lynch at: /www.mlindex.ml.com/gispublic/bin/MLIndex.asp
There are alot of days the WSJ does not have daily high yield data.
Not sure of the significance of your comment.
Dave
They used to publish this number every single day. The last year or so, publication has been spotty due to market difficulties.
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