JabairuStork, what was that y'day evening?
Posted: Tue Oct 11, 2005 8:50 am
ITRX S4 5y Equity widened after the actual close as far as 31.4 bid
Is that the beginning of new correlation turbulences and did somebody panic or was it the preparation for a snapback (just marking the spread a bit wider and being the first seller of protection this morning)?
Is that the beginning of new correlation turbulences and did somebody panic or was it the preparation for a snapback (just marking the spread a bit wider and being the first seller of protection this morning)?