Euro CDS Plummet

European markets have felt the shock and awe of the ECB’s massive European bailout and quantitative easing program, and CDS have responded to the renewed confidence with a severe tightening of spreads.

From CMA Datavision:

PIGGS CDS 5 10

And banks have also seen the benefit of the expansive programs.

From CMA Datavision:

Bank CDS 5 10

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.