On that front and given the new approval and WDS debt levels, I'd be watching the US Bond market very closely.
It along with the JPN Bond market are clearly saying not all is well with the current global debt mix. Less traditional buyers of US debt and more speculative buyers or at least shadow buyers via the Cayman Hedge Funds, et al.
I don't have a clear view of the debt facility and roll over dates, but they'd better be way out into the future because any heavy indebted entities will not be exempt to valuation pressure.
WDS Price at posting:
$22.73 Sentiment: None Disclosure: Not Held
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