Traders Bet on 'Deeper Drop' in Gold Price as Blackrock Cuts GLD, Buys Dollar Rally

#Junk now at its tightest spread to #IG since the first cracks appeared in sub-prime in early 2007 and its relative total returns make progressive new highs.
Blue Sky pricing in a darkening horizon world #HYG #bonds pic.twitter.com/eq0MICXHOk— Cantillon Consulting (@CantillonCH) June 19, 2018