Sell-Off Seen In Junior iTraxx Tranches

17 Apr 2009

Credit derivatives brokers in London have been witnessing a significant sell-off in protection on the 0-9% tranches of the iTraxx Europe series 9.

--Katy Burne

Credit derivatives brokers in London have been witnessing a significant sell-off in protection on the 0-9% tranches of the iTraxx Europe series 9. That series is viewed as on the run because the subsequent series 10 and 11 still have not taken off. “They have been selling ...

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