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When Credit Bounced, Bitcoin Listened First

  • Oz by Oz
    Oz Oz
    Full on Technical Analysis wizard and financial tech specialist. Demonstrates his TA craft on the podcast and YouTube. Loves Manchester United. Favourite player is Francesco Totti.
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  • May 21, 2025
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When Credit Bounced, Bitcoin Listened First
Photo by Samuel-Elias Nadler / Unsplash
  • Macro Heat

High-Yield Credit: The Market’s Early Warning System


The iShares iBoxx High Yield Corporate Bond ETF (HYG) is not typically the centre of retail attention. Yet for those focused on liquidity, credit stress, and systemic fragility, it is one of the clearest risk barometers available. When HYG bounced off the $76 level—a known threshold for tension—the signal was not subtle. It was a structural rejection of credit panic.


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Oz Oz
Full on Technical Analysis wizard and financial tech specialist. Demonstrates his TA craft on the podcast and YouTube. Loves Manchester United. Favourite player is Francesco Totti.
  • X
  • Website
Oz Oz
Full on Technical Analysis wizard and financial tech specialist. Demonstrates his TA craft on the podcast and YouTube. Loves Manchester United. Favourite player is Francesco Totti.
  • X
  • Website
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