CLOs Hammered as Energy Rout Plays Havoc With Other Debt Markets

CLOs Hammered as Energy Rout Plays Havoc With Other Debt Markets
The riskiest slices of collateralized loan obligations raised after the financial crisis plunged 9 cents on the dollar since September to about 58 cents at the end of last month, down from 84 cents a year ago, according to JPMorgan Chase & Co …
Read more on Bloomberg

Wall Street fears a run on junk bonds — and worse
Fasten your seat belts, investors. We may be in for a bumpy ride. Large-cap U.S. stocks suffered their worst one-day loss since September last Friday as many popular big-tech stocks — such as Amazon (AMZN) and Facebook (FB) — rolled over. And it …
Read more on CBS News

Jittery emerging markets await US policy fallout
Another cause of concern is the rising pile of debt that has built up in emerging markets since the global financial crisis. While many EM governments have paid down their debts, analysts worry that the problem has shifted to the private sector …
Read more on Financial Times

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