The document discusses the impact of declining oil prices on the U.S. high-yield market, particularly focusing on the energy sector. It highlights the risks associated with high-yield bonds, the maturity profile of issuers, and the potential for increased defaults. The document also includes a chart on U.S. high-yield energy bond past issuance and future redemptions, indicating worsening financing conditions.
documents/vol00010-efta01459657-pdf.pdf
{"title":"CIO View Special - Americas Edition","document_date":"February 2016","document_type":"other","key_locations":["U.S.","Bakken shale"],"document_subtype":"financial analysis","key_organizations":["Deutsche Asset & Wealth Management Investment GmbH"]}