European Market Close CDS Rerack

Just because 3 hours ago is so 3 hours ago:

  • ITRAXX FIN SR +15, NEW RECORD 232
  • IT +51
  • SP +47
  • PORT +39
  • IRE +31
  • GREECE +.5
  • WAFFLES +37
  • FR +15
  • AUST +14
  • ENG +3
  • DEUTSCHE  +2.5

Almost as if someone shouted fire in a crowded theater... And yet, the DJIA surged 400 points yesterday. That is unpossible. After all, the market iz a perfectly iffishynt discounting mechanizm.