Monday, July 23, 2007

Japan Corporate Bond Risk Highest Since August, Credit-Default Swaps Show

(Bloomberg) -- Japanese corporate bond risk rose to
the highest since August, according to traders of credit-default
swaps.

Credit-default swaps based on 1 billion yen ($8.3 million)
of debt included in the iTraxx Japan Series 7 index of 50
investment-grade Japanese companies increased by 175,000 yen to
2.78 million yen in Tokyo, according to prices from Credit Suisse
Group.


Read more at Bloomberg Bonds News

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