Not very pretty out there. MLPS selling off rather hard today in some cases. Yields on some of these however have climbed to very attractive levels. With the 10 year at 4.55 here are a few examples.

Atlas Pipe Line (APL) 7.4%
Martin Midstream (MMLP) 7.10%
Energy Transfer (ETP) 5.9%
Teppco Partners (TPP) 6.9%
Valero LP (VLI) 6.2%
Magellan Midstream (MMP) 6.5%
Sunoco Logistics (SXL) 7.0%

I sampled just a few but there was a time last june where the spread between the ten year yield and the distribution yield on these was near or just under 2 pts...now we seem to rallying the spread back to nearly 3 points in some cases. The distribution growth has probably prevented the sell off from being worse. Atlas catches my eye with a 7.4% yield and distributions growing at a very fast rate.