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
Midway through trading Monday, the Dow traded down 0.47 percent to 15,002.26 while the NASDAQ declined 0.50 percent to 3,788.59. The S&P also fell, dropping 0.40 percent to 1,683.81. Top Headline Time Warner Cable (NYSE