How falling oil can sully bonds outside of the energy sector

When oil prices were dropping, the yield spread—which compares the yields between typically lower-rated, thus riskier, bonds to higher-rated bonds—gaped higher for non-energy bonds, too. That was a surprise to financial markets and to New York Federal Reserve researchers who took a deeper look at the counterintuitive market movement.
Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.