Consumer Discretionary, Industrials – are the two sectors seeing yield contraction

Source: ML

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Consumer Discretionary sector leads ytd and I sup 3%, mirroring its most upbeat growth projection. Information tech sector and financials are also in the positive territory ytd. But in the correction last month – most sectors have tanked..there are no winners. Energy is the worst performing last month and is down 7%. Real estate also down almost as much. In the correction the ytd winning sectors have been somewhat supported, but are still weak.