Thursday, June 28, 2007

FKI, Altadis, Vodafone, Arcelor: European Credit-Default Swap Movers Today

(Bloomberg) -- The risk of owning European corporate
bonds fell today, according to traders of credit-default swaps.

Contracts based on 10 million euros ($13 million) of debt
included in the iTraxx Crossover Series 7 Index fell 3,000 euros
to 223,500 euros at 10:59 a.m. in London, according to JPMorgan
Chase & Co.


Read more at Bloomberg Bonds News

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