RPT-Optimistic 2015 HY outlook despite energy headwinds
December 22, 2014 at 09:45 AM EST
(Repeats to reach additional subscribers) By Mariana Santibanez NEW YORK, Dec 18 (IFR) - The energy sell-off has muddled the outlook for high-yield bonds, but things don't look too gloomy overall for 2015, as issuers will still have access to capital - and defaults shouldn't be too bad. Without question, the asset class has been hammered of late. Spreads on energy bonds have widened 148bp to 841bp over US Treasuries in the last two weeks, according to Bank of America Merrill Lynch da