Credit Market Crashes Through 2011 Wides, ‘Triple-Hooks’ Worst Since July 2009

by Tyler Durden
ZeroHedge.com
12/08/2015

Last week we asked (rhetorically) if “something just blew up in junk?” We have the answer today, as triple-hooks (CCC-rated debt) in the junk bond market have crashed through the worst levels of 2011 and are now at the highest yields since July 2009. Amid this complacency still reigns in the equity market (just as it did when the last credit cycle turned).

The Rest…HERE

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