Recent developments indicate heightened activity in the bond market, particularly surrounding significant corporate bond repayments and restructuring deals in countries like Ethiopia and Venezuela. Investor sentiment is influenced by both opportunities for recovery in distressed markets and rising credit risks associated with corporate bonds. This duality creates a complex landscape where robust yields attract interest amidst caution regarding defaults. Overall, investor focus remains on navigating these challenges while capitalizing on potential gains. The price action of International Bonds (BNDX) asset class is shaped by numerous forces, ranging from broad macroeconomic trends to asset-specific performance and market structure. The trend sentiment at -0.3 is modestly bearish. The market sentiment at 0.4 is modestly bullish. Trend sentiment measures the current trend of the stock price, and market sentiment reflects what market participants collectively think where the price will move next.There is no clear direction for BNDX since trend sentiment and market sentiment are at the opposite directions. The positive sentiment force for sector is at 0.5, and the negative at -0.1 on 2026-01-05. The forces of Option Sentiment (1.5), Asset Sentiment (0.6), and Price Level Sentiment (0) will drive up the price. The forces of and Asset Price Trend (-0.3) will drive down the price. The sentiment for Asset Price Trend is calculated based on BNDX trend. The sentiment for Option Speculation is calculated from put/call ratio. Price Level sentiment is positive when oversold, and negative when overbought. Asset Sentiment scores are extracted from headlines and market commentary. All sentiment scores are normalized on a -10 - +10 scale. The price level reaches 100 at Bollinger upper band, and zero at lower band.

BNDX
Date	Attention	Price	Price Level	Change	10 Day Trend	Trend Sentiment	Hourly Trend	Hourly StdDev	Market Sentiment	Action	P	Asset Sentiment	News Sentiment
2026-01-05	1%(0.7%)	48.38	33	0.14%	0%	-0.3	0%	0.1%	0.5	Long	55%	0.6	3.3
2026-01-04	1%(0.6%)					-0.5	-0.13%		0.3			1	5
2026-01-03	1%(0.6%)					-0.5	0%		0.3			1	6
2026-01-02	1%(0.6%)	48.31	24	-0.02%	-0.21%	-0.5	0%	0.1%	1	Short	55%	2.3	2
2026-01-01	0%(0.6%)					-0.2	0%		0.9			3	0