Is the High-Yield Rally Overdone?

The video discusses the current state of the market, highlighting the choppy conditions and the role of the US credit market as a safe haven. It explores the impact of new issuances on volatility across asset classes and the evolving structure of the ETF market. The discussion includes insights into investor behavior, the effects of the Fed's tightening mode, and the potential for future market changes.

What impact does new issuance have on market volatility according to the discussion?

What are the potential consequences of ETF outflows in the current market environment?