2 Charts Did Not Buy The Negative Hype

The ratios of Junk bonds to Treasury and Investment Grade bonds were not buying the negative Greece (with a side of China) hype.

As noted in NFTRH 351, the ratios of Junk bonds to Treasury and Investment Grade bonds were not buying the negative Greece (with a side of China) hype. There was no fade in the underlying message that speculation was still brewing beneath the surface of the stock market.  Indeed, during the drama Junk-Treasury actually got above resistance and turned it to support.

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