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Old 02-25-2016, 04:25 PM   #1692
Slava
Franchise Player
 
Join Date: Dec 2006
Location: Calgary, Alberta
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Quote:
Originally Posted by burn_this_city View Post
http://www.bloomberg.com/news/articl...st-intensifies

US E&P companies owe $1T in bonds between now and 2022. Makes you wonder about contagion when a lot of these bonds gets pennies on the dollar back.
Yeah I would worry about holding a lot of "high yield" aka junk bonds at this point. Its a lot of energy, and financials have been hit fairly hard already because of the energy write-downs. That $1T is not a good number though.
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