(Reuters) - NEW YORK, July 10 - U.S. credit default swap
spreads hit their widest levels this year on Tuesday because of
fears of rating downgrades of subprime mortgage securities and
weakness in the European credit market, market sources said.
The investment-grade index widened about 2.5 basis points
to around 45.75 basis points, while an index of high-volatility
credits widened about 6 basis points to 112.25 basis points.
Read more at Reuters.com Bonds News
spreads hit their widest levels this year on Tuesday because of
fears of rating downgrades of subprime mortgage securities and
weakness in the European credit market, market sources said.
The investment-grade index widened about 2.5 basis points
to around 45.75 basis points, while an index of high-volatility
credits widened about 6 basis points to 112.25 basis points.
Read more at Reuters.com Bonds News
No comments:
Post a Comment