Fear-mongering over risk of BBB credits was immensely exaggerated and hurt many people's returns.
Let's take a look at what each market is telling us.
This is one report where the real driver will be what the company says and the tone they take when saying it.
Shares have risen in morning trading as the market digests Bird Box's blockbuster numbers.
Thursday's stock market rout is just another reminder that flat yield curves and equity investing do not mix.
The evidence that inflation Is slowing Is mostly circumstantial.
Apply the lessons of that boring trading year to today's market.
If money's already tight, long-term rates may have already peaked.
From overweighting dividend stocks to avoiding high-yield bonds, this is how I'm playing things here.
The $1.5 billion of 10-1/2-year debt will reportedly pay 5.75% to 6% interest.