#OvernightEdge
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ASSESSING DAILY INTRADAY PERFORMANCE TRENDS IN JUNK BONDS
Intraday Performance Assessment: The table illustrates performance trends from market open to close using HYG. Findings suggest limited intraday profit opportunities, mirroring observations in the S&P 500. The primary gains in the long term appear to come from overnight periods, reflecting the stronger overnight edge. This emphasizes the importance of considering overnight positions for better returns in junk bond trading.
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