Markets are opening lower and quiet again this morning ahead of the two-day Fed meeting that gets underway today as oil continues to tick lower weighing on energy and pulling the broader market down. Crude is trading at its lowest level in over two months while treasuries move higher for the second straight day as haven securities continue to attract money. High-yield was mixed but firm yesterday as inflows continued to hold the market up despite weakness from the energy and healthcare sector. Inflows Monday totaled just over $1 billion for high-yield mutual and exchange traded funds. Two new deals have been added to the high-yield calendar today for Toll Brothers and Limited Brands, both are expected to price this afternoon.
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