JP Morgan Chase & Co (JPM): "The cost of protecting government debt...

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Re: z4lover post# 1489

Friday, 05/07/2010 6:02:45 AM

Friday, May 07, 2010 6:02:45 AM

"The cost of protecting government debt against default in Greece, Portugal, Spain as well as in Britain rose, according to CDS monitor CMA DataVision. The prospect of no overall majority in the British parliament saw asset prices crumble with investors already spooked by a global equity market sell-off."

"The UK's CDS rose, to 99 bps from 91 bps on Thursday in New York."

http://www.cnbc.com/id/37013461

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