In a new report, Deutsche Bank analyst Ed Reardon discussed the impact that low oil prices are having on credit markets. Low oil prices are hurting the high-yield energy credit market, but consumer credit and aviation debt markets have benefited.
Deutsche Bank is now projecting $33/bbl for Brent and WTI in the short term. The firm’s commodity analysts believe a significant price recovery in the short term is very unlikely.
Reardon noted that different subsectors of the high yield energy ...
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