US credit derivative indexes at 4-month wides

(Reuters) - The investment grade credit derivative index widened by
around half a basis point to be bid at 39.5 basis points, the
trader said.




The index of high volatility credits, which comprises
mainly "BBB"-rated swaps, widened one and a half basis points
to 97.5 basis points and the index of crossover credits reached
an all-time wide of 170 basis points, three basis points wider
on the day, the trader said.


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