The document discusses the outlook and ratings of single-A and BBB oil and gas bonds, highlighting market fears and rating agency actions. It compares the current situation to the 2008-2009 commodity crash, noting that while there is room for downgrades, the sector is not automatically at risk. The document also identifies potential value in commodity bonds, particularly in single-A and BBB ratings.
documents/vol00010-efta01458277-pdf.pdf
{"title":"Corporate Credit: Back to school - The edge of normality","document_date":"2016-09-01","document_type":"tabular","key_locations":["London"],"key_organizations":["Deutsche Bank","Bloomberg Finance LLP","Mark-it Global"]}