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Bonds may be sniffing out market weakness as traders rethink odds of 2024 rate cut

Por: MarketWatch Business December 10, 2023

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The junk-bond sector’s two biggest exchange-traded funds were trading lower on Friday and headed for weekly losses. The funds are a popular with individual investors and provide a way for institutional investors to manage liquidity needs when markets get choppy. Shares of the roughly $18 billion Shares iBoxx $ High Yield Corporate Bond ETF and the near $8 billion SPDR Bloomberg High Yield Bond ETF were both down about 0.2% on Friday afternoon,... + full article



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