JNK

Desperately Seeking Yield: April 24, 2024

The average 12-month trailing yield for the major asset classes has ticked up so far this year. The highest-yielding risk asset is the US junk bond ETF, which generated a 6.44% yield over the past year. Relative to Treasury yields, government bonds continue to offer higher payouts.

DSL: Positioning Itself For A Dollar Decline

The DoubleLine Income Solutions Fund offers income-focused investors a respectable level of income with a 10.90% yield. The fund's yield is lower than its peers, but the fund's performance has been consistent and it has outperformed certain bond indices. It appears to be positioning into emerging market bonds in the event of a decline of the U.S. Dollar.

Will Commodities Continue To Outperform In 2024?

Most of the major asset classes are in the red so far this year. A widely followed marker in the commodities rally is this year’s rise in gold. The second-best performer in 2024 is the fast-deflating US stock market. James Picerno says commodities are the upside outlier by a wide margin.

Noteworthy ETF Outflows: JNK

Bubble Up: The Everything, Everywhere Bubble

Home Market Outlook Economy Analysis Bubble Up: The Everything, Everywhere Bubble. Investors face a challenging landscape with fiscal dominance pushing bond yields and inflation. Rising interest rates aim to curb inflation but can hurt stock valuations and bond prices. We are in the euphoria phase of an AI bubble.

Weekly Report: what happened at JNK last week (0415-0419)?

PHT: Two Concerns, But Otherwise A Very Good Junk Bond Fund

Fixed Income Investment Outlook Q2 2024: A Winding, Downward Path