Following the recent rebound in stock prices, lower quality bonds made their way to the top of our research reports this week. Leading the bond market for the week is the Barclays High Yield Very Liquid index gaining 0.38 percent over the past five trading days, followed by the J.P. Morgan Emerging Market Bonds Global Core index up 0.30 percent over the same period.
This recent change may be the beginning of a new trend, since both of these areas of the bond market have underperformed over the past couple of months.
This commentary originally published in the Reno Gazette-Journal. Performance numbers used in this article were obtained through eSignal and are not guaranteed to be accurate.
Laif Meidell, CMT, President of American Wealth Management, and Portfolio Manager of the AdvisorShares Meidell Tactical Advantage ETF (NYSE Arca: MATH).