Tuesday: CPI, NY Fed Mfg, Homebuilder Survey

From the WSJ: Junk Bonds Resume Sharp Selloff The U.S. junk-bond rout deepened Monday, with the bonds of dozens of low-rated companies falling anew and the shares of some large fund-management firms tumbling as well. The declines reflected gathering concerns about risky companies' access to financing, traders' capacity to sell bonds without causing prices to fall, and ripple effects from the closure of a junk-bond mutual fund. CR Note: It is called "junk" for a reason! A large portion of the concern is related to debt of energy companies. Tuesday: • At 8:30 AM ET, the Consumer Price Index for ......(read more)

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