(Bloomberg) -- The risk of owning U.S. and European
corporate bonds rose today as investors sought the safety of
government bonds after benchmark Treasury yields rose to a 10-
month high, according to credit-default swap traders.
Contracts based on $10 million in debt included in the CDX
North America Crossover Index increased $3,750 to $150,750 as of
12:07 p.m. in New York, according to Deutsche Bank AG. Contracts
based on the iTraxx Crossover Series 7 Index of 50 European
companies rose 8,000 euros to 207,000 euros as at the close of
trading today in London.
Read more at Bloomberg Bonds News
corporate bonds rose today as investors sought the safety of
government bonds after benchmark Treasury yields rose to a 10-
month high, according to credit-default swap traders.
Contracts based on $10 million in debt included in the CDX
North America Crossover Index increased $3,750 to $150,750 as of
12:07 p.m. in New York, according to Deutsche Bank AG. Contracts
based on the iTraxx Crossover Series 7 Index of 50 European
companies rose 8,000 euros to 207,000 euros as at the close of
trading today in London.
Read more at Bloomberg Bonds News
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