(Reuters) - The calming of fears over possible spillover effects from
troubles in the U.S. subprime mortgage market -- which caters to
borrowers with poor credit histories -- were also mirrored in
European government bond markets as debt prices fell, tracking
lower U.S. Treasuries in Asia overnight.
The iTraxx Crossover index, the most widely
watched barometer of European credit sentiment, also entered
calmer waters after extreme subprime-related jitters.
Read more at Reuters.com Bonds News
troubles in the U.S. subprime mortgage market -- which caters to
borrowers with poor credit histories -- were also mirrored in
European government bond markets as debt prices fell, tracking
lower U.S. Treasuries in Asia overnight.
The iTraxx Crossover index
watched barometer of European credit sentiment, also entered
calmer waters after extreme subprime-related jitters.
Read more at Reuters.com Bonds News
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