Obi-Wan Kenobi
/ 178.36.14.* / 2010-04-28 08:40
Rynek CDS pokazuje teraz, po Portugalii, Hiszpanii i Francji, czerwone światełko dla Wlk. Brytanii...
The CDS market, as always, is prophetic to the dot: after main deriskers in the past two weeks were Spain, Portugal and France, so far the spread blow out in these markets has materialized like a Swiss watch.
The credit market is flashing a bright red warning light over his favorite bankrupt country - the UK (incidentally, the week's largest net derisker, just after Goldman Sachs). Second in order of sovereign implosion - Ireland.