: ‘Magnificent Seven’s’ bonds may have been sending a signal to stockholders

by | Nov 29, 2023 | Stock Market

Has the corporate bond market been flashing a signal to the stock market about the so-called Magnificent Seven grouping of technology stocks? After holding up during the late summer period when four of that group’s stocks moved into correction territory, the bonds have seen net selling over the last two weeks, led by Apple Inc. AAPL, which has the most outstanding debt of the group. One…

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Has the corporate bond market been flashing a signal to the stock market about the so-called Magnificent Seven grouping of technology stocks? After holding up during the late summer period when four of that group’s stocks moved into correction territory, the bonds have seen net selling over the last two weeks, led by Apple Inc. AAPL, which has the most outstanding debt of the group. One…

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