The First Default; How Many More?: Credit Crunch
FICC Focus
00:00
Do You Think This Will Impact Supply of Triple C's?
In general Europe is the safer market it still has the lowest number of triple C's in the highest number of double B's so you know I'm interested to hear what your US counter part we talk about for the USD for outlook and similar questions. higher for sure compared to us it's probably double A's right? And do you think this increase, small increase in double C's and go to the default risks will impact supply or not? We've had no supply this year but there are all these double C to D names that we've just talked about which could be a positive sign if they get clinched.
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