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j2bcdtckir
12-24-2013, 05:23 AM
now Illinois State CDS overtake California

We began a few days reporting how bond yields on Illinois State general obligation debt had overtaken similar bond yields on California State debt thus it probably 's no surprise http://inboedel.net/images/jordan.html to conclude the week reporting how Illinois credit default swap prices have also overtaken California credit default swap prices. Illinois will now be the very best priced (high price implying riskiest or probably to default) municipal entity typically and currently trading around similar levels as Portugal.

Investors are clearly occupied with the state this state's finances together with other impending issues together with a teachers pension fund that may be underwater and seeking to swim back to shore carrying anchors related to the creditworthiness of companies and sovereign ニューバランス 574 (http://inboedel.net/images/nbshoes.html) states like MetLife, Brazil and Korea.

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