Though equities have rallied this week, debt markets could be flashing a warning sign:...

|By:, SA News Editor

Though equities have rallied this week, debt markets could be flashing a warning sign: high-yield debt spreads, which have inversely tracked the S&P 500 quite closely over the last 2 years, have continued shooting higher in spite of the S&P's surge. Spreads for Euro corporate debt are especially taken off.