CDS spreads tighten further on US financials
The cost of credit protection on major US financials fell in today's European and Asian trading.
CDSs on Morgan Stanley narrowed to 193.3bp from 200.5bp, CDSs on Goldman Sachs moved in to 140.3bp from 148.1bp, while spreads were trading tighter on Wells Fargo at 140.2bp from 146.5bp.
Elsewhere, CDSs
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