CORP UPDATE: Nervous end to tumultuous week

Newswire

By Josie Cox LONDON, Sept 30 (IFR) - European credit indices edged wider on Friday as markets continued to grapple with slowing global growth and the euro zone sovereign crisis after yet another tumultuous week. By 10:25 GMT, the iTraxx Main index, made up of 125 investment-grade European companies, was 7.25bp wider at 199bp, according to Tradeweb, while the Crossover was 31.5bp wider at 832.25bp. Germany's day-earlier approval of the EFSF enlargement did not come as a surprise and failed ...

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