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Home > WTI Crude Craters To $55 Handle, High-Yield Credit Crashing-er

WTI Crude Craters To $55 Handle, High-Yield Credit Crashing-er

By Tyler Durden
Created 12/15/2014 - 12:08
Tyler Durden's picture [1]
Submitted by Tyler Durden [1] on 12/15/2014 12:08 -0500



 

Having almost touched $59 overnight, WTI crude has collapsed back to a $55 handle, smashing the Ruble lower and high-yield credit spreads higher. US financial stocks are starting to weaken back towards the credit market's warnings as counterparty risk concerns spread...

Crude roundtrip to new cycle lows...

[3]

 

and credit markets are getting broadly infected...

[4]

 

as the Energy sector collapses...

[5]

 

Charts: Bloomberg

 

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Source URL: http://www.zerohedge.com/news/2014-12-15/wti-crude-craters-55-handle-high-yield-credit-crashing-er

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[3] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2014/12/20141215_WTI1.jpg
[4] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2014/12/20141215_WTI2.jpg
[5] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2014/12/20141215_WTI3.jpg