Clik here to view.
Venezuela Default Probability Has Never Been Higher; Maduro "Working To Raise...
With OPEC slashing demand expectations to 12 year lows, oil prices have re-cratered today putting further pressure on socialist-utopia Venezuala which needs $121/bbl to break-even. Credit risk for the...
View ArticleClik here to view.
"This $550 Billion Mania Ends Badly," Energy Companies Are "Shut Out Of The...
"Anything that becomes a mania -- it ends badly," warns one bond manager, reflecting on the $550 billion of new bonds and loans issued by energy producers since 2010, "and this is a mania." As...
View ArticleClik here to view.
Russia, Ukraine, And Greece – Default Probabilities
Submitted by Pater Tenebrarum via Acting-Man blog,A Brief Update on Yields, CDS Spreads and Implied Default ProbabilitiesCurrently there are a number of weak spots in the global financial edifice, in...
View ArticleClik here to view.
Greek Credit Risk Spikes, Default Probability Tops 70%
Greek default risk has surged in recent days and today as it becomes clear what Syriza expects from Europe, short-term CDS are at post-crisis highs with 5Y CDS implying a 76% probability of default...
View ArticleClik here to view.
Ukraine Is "Pressing" Obama For $3 Billion In Financial Aid
It would appear Gazprom has once again come knocking for payment - or else. As Bloomberg reports, Ukraine is pressing the Obama administration to provide political support, as much as $3b in financial...
View ArticleClik here to view.
Euro Basis Swaps Keep Diving
Submitted by Pater Tenebrarum via Acting-Man blog,An Accelerating TrendWhile the euro itself has recovered a bit from its worst levels in recent sessions, euro basis swaps have fallen deeper into...
View ArticleClik here to view.
Is The Student Debt Bubble About To Witness Its 2007 Moment?
Two days ago we highlighted a new study from the St. Louis Fed where someone had the very prudent idea to strip out loans in deferment and forbearance from the denominator of the student debt...
View ArticleClik here to view.
US Shale Sector Crashes After David Einhorn Repeats What Everyone Knows Already
Greenlight's David Einhorn has come out swinging at the Fed-fueled fracking frenzy and, after pointing out facts that are extremely widely known, and have been explained innumerable times here, sent...
View ArticleClik here to view.
Which Countries Have The Highest Default Risk: A Global CDS Heatmap
We hardly need to expound on Greece's near-death economic state: if anyone has missed the surreal tragicomedy of the pas 5 years all we can say is we envy you. Of all countries around the globe, if...
View ArticleClik here to view.
Futures Plunge On Renewed Growth, Central Bank Fears; Volkswagen Shares Crash...
While Asian trading overnight started off on the right foot, chasing US momentum higher, things rapidly shifted once Europe opened as attention moved back to global growth fears, contradicting central...
View Article
