Europe Swaps Diverge From U.S. as Default Concern Spreads: Credit Markets
Europe Swaps Diverge From U.S. as Default Concern Spreads: Credit Markets
The cost of insuring company bonds in Europe against default is the highest relative to the U.S. since May as concern rises that the euro-region’s most indebted governments may need a bailout, further damaging the economy.
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Tags: Bailout, Bloomberg, Bonds, Concern, credit, Credit Markets, Default, Diverge, economy, Euro, Europe, from, Governments, markets, Spreads, Swaps, U.S.
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