CDS spreads in holding pattern as row delays eurozone deal

euro

Credit default swap (CDS) spreads held steady across Europe today, despite a delay in negotiations between European politicians about how to shore up indebted sovereigns.

The delay is being chalked up to a dispute between German chancellor Angela Merkel and French president Nicolas Sarkozy. The two leaders are taking the lead in efforts to solve the sovereign debt crisis, but are reportedly struggling to agree on how to use the eurozone's existing bail-out vehicle, the European Financial Stabili

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: