The Daily Debt Rattle

Submitted by Raúl Ilargi Meijer  –  The Automatic Earth

• Emerging Market Debt Sales Are Down 98% (BBG)
• BIS Warns “Uneasy Calm” In Global Markets May Be Shattered By Fed Hike (ZH)
• BIS Argues For Tighter Monetary Policy In Spite Of ‘Uneasy Calm’ (FT)
• Corporate Bond Market Hit By Rates Fears (FT)
• Junk Bonds Set For First Annual Loss Since Credit Crisis (WSJ)
• Japan’s Current Recession To Prove An Illusion (FT)
• Last Gasps of a Dying Bull Market – And Economy (Hickey)
• As Oil Keeps Falling, Nobody Is Blinking (WSJ)
• Gradual Erosion Of The EU Will Leave A Glorified Free-Trade Zone (Münchau)
• China’s Iron Ore, Steel Demand To Fall Further In 2016 (AFR)
• China’s Biggest Broker CITIC Can’t Locate Two Of Its Top Execs (Reuters)
• Falling Cattle Prices Put The Hurt On Kansas Ranchers, Feedlots (WE)
• Prison Labor In USA Borders On Slavery (AHT)
• German States Slam New Refugee Boss For ‘Slow Work’ (DPA)
• US Alliance-Supported Groups In Syria Turn Guns On Each Other (Reuters)
• Iraq Could Ask Russia for Help After ‘Invasion’ by Turkish Forces (Sputnik)