July 30, 2014
July 14, 2014
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Fly, can you please break down the fundamentals of this CDS graph (or more likely, delegate it out here to someone at IBc)?
I think of CDS spreads as a kind of conversion rate on long term, securitized bonds, is this right (or wrong, don’t care, would value knowledge)?
The higher the CDS the worse off that country is, according to insurance buyers of their debt.
Portugal CDS is 1.00?
bad print