Hot sectors in a tepid recovery
The energy, finance, technology and healthcare industries are expected to be the hottest areas for dealmaking in 2010. Full Article | Full Coverage
US 10-yr Treasury CDS widens to record 40 bps
NEW YORK, Oct 6 (Reuters) - The cost of insuring U.S. government debt against default rose to a record high on Monday on concerns about the cost of the bailout of a widening financial crisis.
Ten-year credit default swaps for Treasury debt rose to a record 40 basis points, or $40,000 a year to insure $10 million of debt, up from 36 basis points late Friday, according to data from CMA Datavision, a specialized data provider.
(Reporting by Ciara Linnane)
