Friday, 15 February 2008

Your crunch update

Courtesy of Markit.

The ABX AAAs (scale in cents on the dollar so falling is bad).

The CMBX AAAs (scale in bps spread so rising is bad).

And the CDX North America Investment grade corporate credit index (both):

In the words of the Klaxons, It's Not Over Yet. In fact, it looks as if it is only just getting going.

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