Junk-Bond Traders Pile Into Bearish Bets Ahead Of Fed/BoJ

Posted by ZeroHedge

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20160920 HYG1

After one the biggest rallies in the last seven years off the Feb lows, high-yield bond investors are rushing into bearish (hedge) positions 20160920 HYG1ahead of this week’s Fed/BoJ spectacle. Put volume (protecting downside) in the last few days has soared to levels only seen around Brexit and last December’s Fed rate-hike as Bloomberg notes, investors have already become skittish on signs that global central banks may turn off the spigot.

HYG has seen a yuuge surge off the Feb lows…


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