Index for U.S. corporate CDS climbs

04/15/2013 | Bloomberg

The Markit CDX North American Investment Grade Index, which measures U.S. corporate-credit risk, has shot up as the Chinese economy shows signs of weakening. China's gross domestic product expanded 7.7% in the first quarter compared with Q1 of 2012, short of the 8% analysts had predicted. When investor confidence wanes, the CDS index usually increases.

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