🟢 HYT is trading 3.1% up today as yields stabilize after recent bond selloff

HYT is trading 3.1% higher today as high-yield credit markets rebound following a period of intense pressure from rising Treasury yields and risk-off sentiment.

• Investors are selectively adding credit risk amid a lack of major U.S. economic data and modest gains in equity futures.
• The recovery reflects relief that yields are not extending the sharp surge seen earlier in the week, supporting high-yield credit valuations.
• The move marks a reversal from the recent selling pressure that had weighed heavily on bond closed-end funds during the Monday–Tuesday session.