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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