2012-05-11 — wsj.com
The cost to buy 10-year CDS protection on $10 million of corporate debt underlying the IG9 index late Friday was $140,000 a year, up from $128,000 Friday morning, according to data provider Markit.
That's almost as a big a move -- in a single day -- as the jump from $112,000 on March 30 to $130,000 on April 10 -- about the time that J.P. Morgan started ratcheting up losses -- Markit data show.
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