Muni CDS Index Tightens On Republican Showing

03 Nov 2010

The spread on the Markit’s index of municipal credit default swap are at the tightest levels since early June after the U.S. Republican Party won control of the House of Representatives and expanded its presence in the Senate.

--Olivia Thetgyi

 
The spread on the Markit’s index of municipal credit default swap are at the tightest levels since early June after the U.S. Republican Party won control of the House of Representatives and expanded its presence in the Senate.

“The thought is the Republicans are ...

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