Thanks for checking in with us for seven links (give or take) at 7AM Eastern. Good luck out there.
Fund investors are bailing out of high yield bond funds. (Distressed Debt Investing)
Is the Fed the world’s largest fixed income hedge fund? (Global Macro Monitor)
Cullen Roche, “The question now is how deep will the Chinese economy slide and how much will it hurt US corporations?” (Pragmatic Capitalism)