Far be it from me to question the King of Bonds, so therefore I shall not. Here’s a Bloomberg video interview from earlier today with Bill Gross. As always, his comments are most insightful. In addition to this, I have shared my own technical analysis of the High Yield Bond (HYG) exchange traded fund. Bill might be a little early on this trade, but I too must admit that the chart patterns are looking a bit topsy and I don’t think there’s enough juice left in the economic cycle to keep them running higher. Time will tell.
Enjoy the video (and chart too!)