The Daily Debt Rattel

Submitted by Raúl Ilargi Meijer  –  The Automatic Earth

• Europe’s Dead Cats Bounce, Deutsche Up 10% (BBG)
• Surging Credit Risk for Banks a Major Issue in European Markets (WSJ)
• Banks Eye More Cost Cuts Amid Global Growth Concerns (Reuters)
• Europe Banks May Face $27 Billion Energy-Loan Losses (BBG)
• European Banks: Oil, Commodity Exposure As High As 160% Of Tangible Book (ZH)
• Europe’s ‘Doom-Loop’ Returns As Credit Markets Seize Up (AEP)
• Options Bears Circle Nasdaq (BBG)
• Deutsche Bank’s Big Unknowns (BBG)
• The Market Isn’t Buying That Deutsche Bank Is ‘Rock Solid’ (Coppola)
• Deutsche Considers Multibillion Bond Buyback (FT)
• Distillates Demand Signals US Recession Is Imminent (BI)
• US Oil Drillers Must Slash Another $24 Billion This Year (BBG)
• Five Reasons Behind US Bank Stocks Selloff (FT)
• 10-Year Japanese Government Bond Yield Falls Below Zero (FT)
• EU Probes Suspected Rigging Of $1.5 Trillion Debt Market (FT)
• Italy, A Ponzi Scheme Of Gargantuan Proportions (Tenebrarum)
• Maersk Profit Plunges as Oil, Container Units Both Suffer (BBG)
• Australia Admits Recent Stellar Job Numbers Were Cooked (ZH)
• Pentagon Fires First Shot In New Arms Race (Guardian)
• NATO Weighs Mission to Monitor Mediterranean Refugee Flow (BBG)
• Border Fences Will Not Stop Refugees, Migrants Heading To Europe (Reuters)