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The latest Beige Book reflected a picture of the U.S. economy that has been largely unaffected by the increasing market concern over falling oil prices, the end of QE in the United States, and the rising U.S. dollar
With the price of oil now down 41% from a peak of $107 per barrel on June 20, 2014, through
Monday, December 8, 2014, we take another look at the impact of lower oil prices on the
high-yield bond market.
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