• Many of the companies behind America's incredible energy surge are starting to show signs of stress

    4 days ago - By Business Insider

    The yield spread on the debt of junk-rated US energy companies has widened to multiyear highs in recent months as market volatility has impacted producers. That's raised questions about their ability to service outstanding obligations.
    Thursday's meltdown in the worst-rated tier of corporate debt demonstrates that there are big problems afoot for the US energy market.
    Producers will almost certainly have to pay more to refinance their debt in the future.
    Yesterday's market sell-off had unintended consequences for the US energy market, and signifies a major problem ahead.
    High-yield debt...
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