CDS On HY Bond At Four-Week High

16 Nov 2010

Credit default swap spreads on European high-yield corporate bond widened 10 basis points to 464 bps on the Markit iTraxx Crossover Index, its highest since Oct. 20, according JPMorgan Chase.

Credit default swap spreads on European high-yield corporate bond widened 10 basis points to 464 bps on the Markit iTraxx Crossover Index, its highest since Oct. 20, according JPMorgan Chase. The Markit benchmark of investment-grade companies widened 1.25 bps to 102.75 bps.

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