S&P Will Downgrade France And Italy Next, CDS Implies

- S&P Will Downgrade France And Italy Next, CDS Implies (ZeroHedge, Oct 11, 2012): With government bond markets increasingly manipulated directly via central-bank intervention – and becoming increasingly illiquid – the odd situation we find ourselves in once again is that CDS markets perhaps provide a ‘cleaner’ picture of where credit risk is actually being [...] continue reading the breaking news