To report that Irish and Portuguese sovereign credit default swaps are trading at record highs. That means the cost to insure against a default by the two have never been higher.
You’d never know it from looking at the euro…
To report that Irish and Portuguese sovereign credit default swaps are trading at record highs. That means the cost to insure against a default by the two have never been higher.
You’d never know it from looking at the euro…
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