Eurozone sees CDS spreads widen for government debt

06/2/2010 | (subscription required)

Credit default swap spreads for most eurozone sovereign debt surged after sharp drops on equity indexes and Spain's rating downgrade. The spread for Greek government debt widened from 668.6 to 733.1 basis points, while spreads also increased for bonds of Spain, Portugal, Ireland and Italy.

View Full Article in: (subscription required)

Published in Brief: