Chinese Developer Bonds Sink in Secondary Trade Amid Collapse -
http://bloom.bg/1gCpmNq
Quote:Some 66 percent of new Chinese developer dollar-denominated bonds sold this year are trading below their issue price amid the collapse of a private real estate company and news the housing market is cooling.
As the yuan keeps taking it in the chin.
Hope I don't run out of popcorn when the major fireworks explode...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!