Thursday, July 5, 2007

Altadis, Ladbrokes, Alliance Boots: European Credit-Default Swap Movers

(Bloomberg) -- The risk of owning European corporate
bonds rose, according to traders of credit-default swaps.

Contracts based on 10 million euros ($13 million) of debt
included in the iTraxx Crossover Series 7 Index increased 3,000
euros to 234,500 euros at 11:55 a.m. in London, according to
JPMorgan Chase & Co.


Read more at Bloomberg Bonds News

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