The Defaults Are Coming In HY Energy, UBS Warns

by Tyler Durden
ZeroHedge.com
04/22/2015

“Where are the defaults?” UBS asks, referring to the highly leveraged US shale complex. “They’re coming,” is the answer, as current bond prices assume oil prices in the 60s and 70s.

The Rest…HERE

This entry was posted on Wednesday, April 22nd, 2015 at 2:04 pm and is filed under Economics, Oil. You can follow any responses to this entry through the RSS 2.0 feed.