CDS On Europe Still Wide

Credit default swap spreads on European sovereign debt priced 23% wide of recent historical trading levels, while those on Asia have tightened, according to Fitch Solutions.

Credit default swap spreads on European sovereign debt priced 23% wide of recent historical trading levels, while those on Asia have tightened, according to Fitch Solutions. European financials also continue to perform wider than established trading patterns.

Click here to read the release from Fitch