Euro Sovereign CDS Liquidity Plunges

16 Jun 2009

Fitch Solutions reported that its European sovereign CDS liquidity index has plunged over the past several weeks from 9.67 on May 4 to 9.10 on June 12.

Fitch Solutions reported that its European sovereign CDS liquidity index has plunged over the past several weeks from 9.67 on May 4 to 9.10 on June 12. According to Fitch, the drop indicates that credit markets in the region are expecting ongoing economic pressures. Fitch explained that the ...

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