The US energy-related high yield bond spread has widened to 826 basis points, the highest level since 2016, Jeroen Blokland, Portfolio Manager for the Robeco Multi-Asset funds, Robeco ONE and Robeco Pension Return Portfolio, tweeted on Monday. Back then, spreads had risen amid the sell-off in oil prices. The black gold had dropped below $30 in early 2016. This time, however, the spreads are widening amid the rise in oil prices. For instance, WTI oil rose to $58.71 per barrel on Friday, representing a 15% rise on the low of $51.03 registered on Oct. 3. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Leveraged funds sold USD while asset managers bought for the second straight week – ANZ FX Street 3 years The US energy-related high yield bond spread has widened to 826 basis points, the highest level since 2016, Jeroen Blokland, Portfolio Manager for the Robeco Multi-Asset funds, Robeco ONE and Robeco Pension Return Portfolio, tweeted on Monday. Back then, spreads had risen amid the sell-off in oil prices. The black gold had dropped below $30 in early 2016. This time, however, the spreads are widening amid the rise in oil prices. For instance, WTI oil rose to $58.71 per barrel on Friday, representing a 15% rise on the low of $51.03 registered on Oct. 3. Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
