A Large Bet Has Been Placed Against Corporate Bonds
There was some very large and unusual buying of June Puts in Corporate Bond ETF iShares IBOXX $ Invest Grade Corp Bd Fd (NYSE: LQD)
This reflects a bet on significant weakness in the corporate bond market in the first half of 2016.
— JE$US (@WallStJesus) December 30, 2015
Only time will tell if this bet works out or not, but it's something to keep an eye on as we head into 2016.
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