Spanish, Portuguese CDS spreads Hit New Records


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Mon, Feb 08th 2010 01:20:00 pm
From MarketWatch: Portugal, Greece, Spain default worries rise The cost of insuring Spanish and Portuguese government debt against default via credit default swaps hit new records Monday, while the cost of insurance for Greek debt also rose, according to CMA DataVision. Whether or not this concern is justified, it shows investors are nervous.
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