Friday, December 5, 2014

Energy CDS Index Makes New High, Warns Of Credit Risk In Sector

Oil and gas credit default swap spreads keep widening and continue to be outliers in the market.

(Source: S&P Capital IQ)

In addition, the S&P/ISDA CDS U.S. Energy Select 10 index made a new 2.5 year high yesterday.

(Source: S&P Dow Jones Indices)

So credit risk keeps rising in the energy sector.

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