Financial News: Cost of protecting junk grade company debt soars

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03 December 2008 6:19 PM+ 7 ( 471 days ago) Discuss  | Bury | Tagged: financial news cost protecting junk grade company debt soars
A fresh sign in the deterioration of credit market conditions emerged on Wednesday when one of the most closely watched barometers of sentiment broke through a key threshold.The iTraxx Crossover index rose through 1,000 basis points for fir...
financial news cost protecting junk grade company debt soars
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