In 2015-2016 a #China-related growth scare saw #oil prices fall to USD 20, causing #defaults in shale gas. High yield spreads widened to above 800 bps. This time we have a #coronavirus-related global supply &amp; demand shock and #SaudiArabia starting a oil price war. Spread at 550. https://t.co/6eWa6sYC6r
In 2015-2016 a # China-related growth scare #oil saw prices fall to USD 20, causing #defaults in shale gas. High yield spreads widened to above 800 bps. This time we have a # coronavirus-related global supply & amp; demand shock and oil #SaudiArabia starting a price war. Spread at 550. https://t.co/6eWa6sYC6r
Head of Multi Asset @Robeco. Expect many graphs! Views are my own, obviously. Sign up for my Daily Sketch here: https://t.co/VwXc1VKgOd
Head of Multi Asset @Robeco. Expect many graphs! Views are my own, obviously. Sign up for my Daily Sketch here: https://t.co/VwXc1VKgOd