Want to track SJB and more in your Portfolio? 🎯
Sign up for Marketlog, a portfolio tracker that will exceed your expectations!
SJB: Tactically Bullish As A Shady Credit Risk Environment Emerges
ProShares Short High Yield ETF provides inverse exposure to the Markit iBoxx® $ Liquid High Yield Index for hedgers, speculators, and underwriters. Fundamentally, we see option-adjusted spreads widening. A factor model quantifies our thematic argument. Interest coverage ratios bottomed earlier this year but a loss in global confidence could see ratios trend down again.
Seekingalpha | 1 year ago
