(Bloomberg) -- The risk of owning European corporate
bonds soared, according to traders of credit-default swaps.
Contracts based on 10 million euros ($13.8 million) of debt
included in the iTraxx Crossover Series 7 Index of 50 European
companies jumped 27,500 euros to 324,000 euros at 7:18 a.m. in
London, according to Deutsche Bank AG.
Read more at Bloomberg Bonds News
bonds soared, according to traders of credit-default swaps.
Contracts based on 10 million euros ($13.8 million) of debt
included in the iTraxx Crossover Series 7 Index of 50 European
companies jumped 27,500 euros to 324,000 euros at 7:18 a.m. in
London, according to Deutsche Bank AG.
Read more at Bloomberg Bonds News
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