Wednesday, June 6, 2007

FKI, Altadis Bond Risk Falls Amid Bid Speculation: Default Swap Movers

(Bloomberg) -- The risk of owning European corporate
bonds fell today, according to traders in the credit-default
swaps market.

Contracts based on 10 million euros ($13 million) of debt
included in the iTraxx Crossover Series 7 Index fell 500 euros to
189,500 euros, according to JPMorgan Chase & Co.


Read more at Bloomberg Bonds News

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