Are Speculators Fleeing The CDS Market Before Getting Slammed By The Hammer Of Regulators?

That’s the theory of Barclays Capital.

They point to the closing of positions in key CDS markets, like Greece, Portugal, and Ireland, as a sign of this move.

The full trend line has yet to be revealed, but its seems like the big, bad, European regulators might be having an impact.

CDS BarCap April 1

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