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High Yield & Investment Grade Bonds

High Yield & Investment Grade Bonds

Activating
Theme thesis

$JNK is leading High Yield & Investment Grade Bonds; LQD, HYG, EMB have confirmed that the move is spreading beyond the leader.

Use the confirmer and break level to decide if this setup is still worth your time.

StagePersistent
UpdatedLive
Breadth100%
Setup strength
62
Glance animation
Trade Read
Why it matters

$JNK is leading High Yield & Investment Grade Bonds; LQD, HYG, EMB have confirmed that the move is spreading beyond the leader.

What changed

JNK leadership persisted

What to watch

Need confirmation from equity and rates before the bridge becomes durable.

What breaks it

High Yield & Investment Grade Bonds can stay leader-led if secondary names fail to join while JNK keeps moving.

Latest Headlines
No symbol-linked headlines found in the current lookback window.
Headlines
No related headlines found

No recent headlines matched the theme's leader or member tickers in the current lookback window.

Who Is Leading
Names
Breadth
100%
How broad the move is
Leaders
1
Confirmers
0
Lagging
0
Leaders
JNK (JNK)

JNK is the current leadership name for High Yield & Investment Grade Bonds, carrying the highest structural influence in the live cluster.

Confirmers
No live confirmer roster available.
Supporting Names
EMB (EMB)
EMB is acting as a bridge inside High Yield & Investment Grade Bonds, helping the move transmit beyond the core leadership group.
HYG (HYG)
HYG is acting as a bridge inside High Yield & Investment Grade Bonds, helping the move transmit beyond the core leadership group.
LQD (LQD)
LQD is acting as a bridge inside High Yield & Investment Grade Bonds, helping the move transmit beyond the core leadership group.
Sectors
What Is Confirming
Confirming Sectors
JNK
88% participation
88%
Watchlist Sectors
EMB — Participation 64%
HYG — Participation 58%
LQD — Participation 52%
Live Names
4 names
Live Names
Rank
Symbol
Role
Signal
Score
Recent
Note
1
JNK (JNK)
Leader
Live
n/a
n/a
JNK is the current leadership name for High Yield & Investment Grade Bonds, carrying the highest structural influence in the live cluster.
2
EMB (EMB)
Participant
Live
n/a
n/a
EMB is acting as a bridge inside High Yield & Investment Grade Bonds, helping the move transmit beyond the core leadership group.
3
HYG (HYG)
Participant
Live
n/a
n/a
HYG is acting as a bridge inside High Yield & Investment Grade Bonds, helping the move transmit beyond the core leadership group.
4
LQD (LQD)
Participant
Live
n/a
n/a
LQD is acting as a bridge inside High Yield & Investment Grade Bonds, helping the move transmit beyond the core leadership group.
Theme Stability
20 sessions
Stability
Theme stability

This view is meant to answer a simple question: is the theme holding together, broadening, narrowing, or still changing shape?

First seen2026-04-23
Last seen2026-04-27
Runs20
Days3
ReadStable
Label drift2 variants
2026-04-23
Broadening
4 names

High Yield & Investment Grade Bonds added 4 names and only removed 0

2026-04-24
Broadening
4 names

High Yield Bond Funds added 4 names and only removed 0

2026-04-27
Held steady
0 names

Membership was unchanged from the prior session

Activation Evidence
Live
First wave leaders
0
Names that moved first.
Second wave confirmers
0
Follow-through names joining after the leader.
Net new members
0
New names added to the move.
Repeat rate
0%
How often the same names keep reappearing.
Confirmer speed
50%
How quickly confirmation showed up.
Path coherence
0%
How clean the activation path looks.
Sequence buildup
16%
Whether the move built in sequence.
Leader to confirmer
n/a
Median lead time from leader to confirmer.
Multi-Asset
Cross-Market Support
How to use this

Treat this as a secondary check. If outside markets are helping, it supports the setup. If they are hurting, lower conviction or wait. If they are neutral, ignore it.

FFIV → EMB
Hurting
cross_asset_lag1
39% link
30D
Cuts against it
Weak
EMB → AGG
Hurting
cross_asset_lag1
35% link
30D
Cuts against it
Weak
EMB → SO
Hurting
cross_asset_lag1
32% link
30D
Cuts against it
Weak
VRDN → EMB
Hurting
cross_asset_lag1
28% link
30D
Cuts against it
Weak
RIG → EMB
Hurting
cross_asset_lag1
27% link
30D
Cuts against it
Weak
GWW → EMB
Hurting
cross_asset_lag1
27% link
30D
Cuts against it
Weak
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