The credit and derivatives world remains flat to better this morning, with the US CDS back below 40bps and the two year swaps consistently under 13bps. Large US financials’ CDS are basically flat, as are Italian and Spanish bonds
The tech industry can’t be trusted on privacy. That’s the message we’re getting these days the one we see in headlines about Google ( GOOG ) Glass and Prism , and in ad campaigns like Microsoft’s ( MSFT )