(Bloomberg) -- The perceived risk of owning
corporate bonds fell worldwide after a measure of U.S. consumer
prices rose less than expected, easing concerns about inflation.
Europe's iTraxx Crossover Series 7 Index of credit-default
swaps on 50 European companies declined the most in almost three
months to 194,000 euros from 203,000 euros. Contracts on debt in
the CDX North America Crossover Index of 35 companies dropped
$2,500 to $151,500, according to Deutsche Bank AG.
Read more at Bloomberg Bonds News
corporate bonds fell worldwide after a measure of U.S. consumer
prices rose less than expected, easing concerns about inflation.
Europe's iTraxx Crossover Series 7 Index of credit-default
swaps on 50 European companies declined the most in almost three
months to 194,000 euros from 203,000 euros. Contracts on debt in
the CDX North America Crossover Index of 35 companies dropped
$2,500 to $151,500, according to Deutsche Bank AG.
Read more at Bloomberg Bonds News
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