(Bloomberg) -- The perceived risk of owning U.S.
corporate bonds fell to a two-month low, according to traders
who bet on creditworthiness in the credit-default swaps market.
Contracts based on $10 million in debt included in the CDX
North America Crossover Index declined $2,000 to $144,000 at
7:39 a.m. in New York, according to Deutsche Bank AG. The index
includes 35 companies with investment-and-speculative grade
ratings. The CDX North America Investment Grade Index of 125
companies dropped $375 per $10 million to an offered price of
$34,125.
Read more at Bloomberg Bonds News
corporate bonds fell to a two-month low, according to traders
who bet on creditworthiness in the credit-default swaps market.
Contracts based on $10 million in debt included in the CDX
North America Crossover Index declined $2,000 to $144,000 at
7:39 a.m. in New York, according to Deutsche Bank AG. The index
includes 35 companies with investment-and-speculative grade
ratings. The CDX North America Investment Grade Index of 125
companies dropped $375 per $10 million to an offered price of
$34,125.
Read more at Bloomberg Bonds News
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