Falling oil costs could be the "major motive" for volatility in U.S. credit score markets, together with historic lows on Treasury yields this week, based on a mounted earnings strategist.

The credit score market is delicate to strikes in oil as a result of a "very massive portion" of high-yield bonds in America are issued by corporations concerned in vitality manufacturing, distribution and exploration, Thomas Tzitzouris of Strategas Analysis Companions mentioned.

"There's simply plenty of leverage there," he informed CNBC's "Capital Connection" on Tuesday.

Charles-Henry Monchau, chief funding officer of Dubai-based Al Mal Capital, agreed that these corporations are susceptible to grease worth shocks.

"They're on the brink, for a few of them, of bankruptcies, and clearly this might have a ripple impact on the entire credit score market," he mentioned.

Oil plummeted greater than 20% on Monday after OPEC and its allies did not agree on...