EM investors feel the heat as Dubai bond goes 'palm-shaped'

By Dan Alderson

Thursday, November 26, 2009

Emerging market credit investors are today still struggling to grasp the implications of shock news yesterday that Dubai World will seek to delay debt payments

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Comment by: Anonymous. Posted 14 years ago [2009-11-26 14:12:38]

I am actually shocked that the CDS on Dubai is "only" 550-600 bps today... it should be much wider

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