The predictable high yield debt meltdown…

Posted on 05. Aug, 2014 by Jean Jacques Ohana in Weekly Focus

The recent events on the US high yield debt market are the occasion to show Riskelia’s bubble indicator at work. This indicator is a price-based indicator of herding, rating the regularity of the price signal over different time frames ranging from 3 to 24 months. A high indicator reflects the presence of overcrowded leveraged positions [...]