https://twitter.com/NorthmanTrader/status/1271028738051002368
https://twitter.com/NorthmanTrader/status/1271172451897049089
A resurgence of the pandemic later this year would dampen the partial recovery that is expected to take place in 2021, says OECD https://t.co/MqPKHfDeaj
— Real Time Economics (@WSJecon) June 11, 2020
Not just renters! https://t.co/MPiEnySBHM
— Liquidity Trader (@Lee_Adler) June 11, 2020
The U.S. high yield default rate is poised to reach 5% in June for the first time since July 2016, up from 4.6% at May 31, driven by energy defaults: Fitch Ratings. The energy trailing 12-month default rate stands at 11.1%, could reach 14% by June 30 and finish the year at 17%.
— Lisa Abramowicz (@lisaabramowicz1) June 11, 2020
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