zerohedge
@zerohedge
Joined January 2009
973 Following 3.4M Followers
ORCL CDS just hit a new record wide, as its 2056 bonds (Baa2/BBB-) yield 8% for the first time ever, and wide of B2/B average (7.5%). When ORCL is junked, $120BN bonds will get kicked out of IG indexes
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