TSX:HSE.PR.B - Post by User
Comment by
oilandgasmickon Jul 30, 2015 7:10pm
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Post# 23977977
RE:That is how fast shale oil can decline
RE:That is how fast shale oil can declinehttps://moneyweek.com/rout-in-junk-bonds-market-could-spread-to-stockmarkets/ Note that the bond market for shale junk is starting to panic as per the link above. Yields on that worthless paper are exploding. Soon it will be a rush for bond owners to get to the door to salvage something before its too late. Then the equity panic will set in. All those energy analysts who urged people to sell their heavy oil assets in Canada are going to look pretty silly.