they don't behave like treasu treasuri treasuries. s 10,000 people a day retiring. we still recommend them highly going forward. >> james camp with eagle access management. >> we just mentioned oil. oil prices were treated. goldman sach's suggested the rally was unstainable. today domestic crude fell nearly 4%. the drop in oil prices along with -- they fell below to 16,964. the nasdaq was off 59 and the s&p 500 off 52. >>> sabine oil and gas want to keep court ruling. the bankrupt energy producer said they can shed products. they were once thought to be insulate fd from the decline in oil prices since they locked in long term contracts. this ruling exposes the companies. exposing them to the swings this oil prices. >>> activists are creating some turbulence over united contin d continental. they want to shake up the board and get their own members. they are down more than 15% over the past year. they've enlisted a former insider to help their cause. >> reporter: shares of united airline under pressure now that the carrier finds itself in the midst of a proxy battle

when you deal with corporate securities, when you deal with high-yield securities, unlike treasu treasuriest's hard to discern where they're priced, are they rich, are they cheap. we know at the beginning of the year when equity markets were under duress, what happened to corporates and high yields? >> they blew out. spreads blew out. it was amazing. never seen anything like it. >> so, looking at a five-year chart of barclays, whether it's investment grade or high yield, you'll see we challenged 2012. >> correct. >> and with the spreads widened, of course, it gets a little more dicey. that's your risk-off trade. >> exactly. it was definitely a risk-off period. equities down, oil tanking, amazingly so, and of course, credit followed suit. >> okay. now we fast-forward. we're flirting with unchange in equities, the equities have righted themselves. what's happened to corporate securities? >> corporate spreads have come in a lot. yields are down 2% on high yield, but we still like them, rick. they're still attractive. spreads are much wider than june of last year and even wider than june of 201