New York, April 17, 2015 -- Moody's Liquidity Stress Index (LSI) for US speculative-grade companies reached a one-year high in March, with a sharp rise in the oil and gas component due to falling oil prices pushing the overall LSI up modestly since mid-2014, the rating agency says in its latest edition of SGL Monitor. The LSI, which declines when liquidity improves, stood at 4.3% in March including a sector Oil & Gas LSI of 9.8% that was more than double its 4.4% level at the end of 2014.

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