Lehman rumours fail to ruffle dollar swaps

28 Mar 2008

Wild rumours about the fate of Lehman Brothers circulated yesterday (Thursday) in New York, but dollar swap spreads remained largely unmoved.

There were reports that there had been a buyer of 10,000 July puts on Lehman, causing its CDS price to spike 30bp wider and its stock to fall by ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial