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HYG had a solid week as risk appetite improved and credit spreads remained relatively tight.
HYG finished the week modestly lower as rising Treasury yields and renewed concerns about inflation pressured the high-yield credit market.
HYG finished the week modestly lower as rising Treasury yields and renewed inflation concerns weighed on the high-yield bond market.
HYG had a relatively weak week as rising Treasury yields and renewed inflation concerns pressured the credit markets.
Wall Street pulled back on Friday as investors reacted to rising U.S. Treasury yields and renewed pressure on technology stocks following the conclusion of the latest U.S.–China summit.
Learn why certain volatile or low-priced stocks are restricted to day trading only.
Friday’s April payrolls report showed the U.S. added about 115,000 jobs, above expectations.
Equities advanced this week, brushing off a series of major market-moving events with surprising ease.
Speculative corners of the market have taken the lead in April, with high-risk baskets posting outsized gains as investors appear to be chasing beta over fundamentals.
Wall Street extended gains Friday afternoon as easing tensions in the Middle East improved investor sentiment, though uncertainty around key shipping routes remained.