WTI Crashes To $27 Handle As US Energy Credit Risk Spikes Above 1500bps To Record Highs

Submitted by Tyler Durden on 02/09/2016 13:20 -0500

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BTFD?

Because nothing says stability like record high credit risk...

And the effective yield on US HY Energy credits has broken above 20% - 400bps above 2008 crisis highs...

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