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News 2026-06-18 19:30 UTC

HYG Sees Bearish Bets

While many traders focused on government bonds in the wake of new Federal Reserve Chairman Kevin Warsh's first meeting, it was another corner of the debt markets that caught the eye of options traders. The iShares iBoxx High Yield Corporate Bond ETF (HYG) saw elevated put volume on Thursday. One eyebrow-raising trade s