CDS buyers hate it, as do holders of Italian, Spanish, Irish, and Belgian bonds. Portuguese bond holders are just fine. There was no reaction in Austria, Germany and France.
This post originally appeared at Credit Writedowns and is reproduced with permission.
3 Responses to “What Do Sovereign CDS and Bond Markets Think of the Greece Deal?”
mccoy • October 30th, 2011 at 7:26 am
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