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The Tell: Oil topping $125 a barrel could break this part of U.S. credit market, warns BofA

The Tell: Oil topping $125 a barrel could break this part of U.S. credit market, warns BofA

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Cracks in the U.S. high-yield corporate bond market could form if Russia’s assault on Ukraine pushes already-high $100 oil prices up another $25 a barrel, warns BofA Global’s credit research team.

...read full article on Market Watch

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