The Daily Debt Rattle

Submitted by Raúl Ilargi Meijer  –  The Automatic Earth

• The New American Dream Is To Have A Job (FT)
• The End Of The Bubble Finance Era (Stockman)
• “It’s An Epic Bloodbath” : The 2015 Junk Bond Heatmap (ZH)
• The Coincidences Are Just Too Eerie: The Last Time CCC Yields Were Here (ZH)
• Yuan Declines to Four-Year Low as New Index Signals Weakness (BBG)
• Oil Sinks to Lowest in Almost 7 Years as Iran Vows More Supply (BBG)
• How Low Can Oil Prices Go? (Guardian)
• World Markets In Fragile Mood As Yellen Prepares To Push The Button (Guardian)
• Fed Officials Worry Interest Rates Will Go Up, Only to Come Back Down (WSJ)
• The China Metal Exchange At Center Of Investment Scandal (Reuters)
• China Local Officials Admit To Faking Economic Figures (CD)
• Who’s Profiting From $1.2 Trillion of US Federal Student Loans? (BBG)
• Ecuador Signs Deal With Sweden For Assange Questioning (Reuters)
• Vulture Funds Price Greek Nonperforming Loans At Very Low Rates (Kath.)
• Tsipras Expects Protest As Greece Agrees To Further Privatisations (Guardian)
• Athens Wants To Turn Bailout Loans’ Floating Rates Into Fixed (Kath.)
• Greece Seeks Help With Migrants As Tensions Rise (Kath.)
• Angela Merkel Wants To ‘Drastically Reduce’ Refugee Arrivals In Germany (Reuters)
• EU Border Force Plan Faces Resistance From Governments (Reuters)