European Credit Spreads Pull In On Bullish Sentiment
European investors are selling protection via credit default swaps as improved confidence runs through the market.
--Kelly Paul
European investors are selling protection via credit default swaps as improved confidence runs through the market.
Europes iTraxx Main index traded around 146 basis points mid-morning, pulling in by 12 bps from Wednesdays close. The Crossover, meanwhile, traded at 789 bps, said London traders. Spreads on both ...Already a subscriber? Login