Sovereign Debt
Published on February 5, 2010 by
Sovereign Debt – Unsustainably high budget deficits in certain eurozone countries hit credit markets with a vengeance again yesterday, as the cost of insuring against losses on sovereign debt rose to a record high. Concerns about the finances of Greece and Portugal and a looming general strike in Greece heightened investor fears. Western Europe Index [...]
Tags: 10 Million, Basis Point, Basis Points, Budget Deficits, Commodities, Credit Default Swap, Credit Default Swaps, Credit Markets, Creditworthiness, Derivatives, Deutsche Bank, Early September, Eurozone Countries, Hedge Funds, Insurance Companies, Sovereign Debt, Stocks Bonds, Swap Contract, Vengeance, Western Europe
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