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Europe is Lehman-fied, part deux
So it’s not quite at the 10.25bps level hit when Lehman Brothers collapsed in September 2008, but the difference between the iTraxx Main and Financials Senior CDS indices (a basic indicator of how credit investors are viewing corporates versus financials) is getting close.
Submitted by
etfguy
2/2/2010
play it
email it
etfguy
2/2/2010
etfguy is playing it
IXG
Short
0.47%
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