Monday, July 9, 2007

EMI, Virgin Media, Italease, Altadis: Credit-Default Swap Market Movers

(Bloomberg) -- The risk of owning European corporate
bonds fell, according to traders of credit-default swaps.

Contracts based on 10 million euros ($13 million) of debt
included in the iTraxx Crossover Series 7 Index fell 2,000 euros
to 242,500 euros at 9:30 a.m. in London, according to JPMorgan
Chase & Co.


Read more at Bloomberg Bonds News

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