The document discusses the performance and outlook of the High Yield (HY) Energy Index in comparison to the overall HY Index, particularly in light of the 2016 OPEC deal. It notes that the spread between the HY Energy Index and the overall HY Index has widened to approximately 50 basis points, indicating a more cautious market stance. The document includes tables and figures showing historical spread levels and WTI oil prices, highlighting the market's reaction to changes in oil prices and the operational improvements in the energy sector.
doj/DataSet10/EFTA01385320.pdf
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