(Bloomberg) -- Investor confidence in high-risk,
high-yield loans deteriorated for the third straight day,
according to traders of credit-default swaps on European debt.
The iTraxx LevX Index of contracts on loans to 35 companies
today fell 0.1 to 97.90, reversing earlier gains, according to
Deutsche Bank AG. The index fell to 97.50 last week, the lowest
since it started trading in October.
Read more at Bloomberg Bonds News
high-yield loans deteriorated for the third straight day,
according to traders of credit-default swaps on European debt.
The iTraxx LevX Index of contracts on loans to 35 companies
today fell 0.1 to 97.90, reversing earlier gains, according to
Deutsche Bank AG. The index fell to 97.50 last week, the lowest
since it started trading in October.
Read more at Bloomberg Bonds News
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