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Friday, November 05, 2010

Turkey Default Swaps Trade Near 4 1/2-Year Low, Beating Nine EU Members - Bloomberg

"Turkey Default Swaps Trade Near 4 1/2-Year Low, Beating Nine EU Members
By Jack Jordan - Nov 5, 2010 9:24 AM ET

Credit-default swaps on Turkish government debt traded near a 4 1/2-year low, beating nine European Union members including higher-rated Belgium, as the Federal Reserve’s latest stimulus plan fueled a rally in emerging markets."

More:Turkey Default Swaps Trade Near 4 1/2-Year Low, Beating Nine EU Members - Bloomberg