Nervous investors, reacting to market sentiment that credit fundamentals in European asset-backed securities deals are sliding, have been pushing spreads wider by buying protection through credit default swaps. Spreads on the Crossover Itraxx have widened to 525 basis points over LIBOR from 480 bps last week. Consequently, ...
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: firstname.lastname@example.org