Spanish Cajas' CDS Tighten After Stress Test

In the fallout from the European banking stress tests, Spanish cajas have seen their CDS tighten. 5 Spanish banks failed the stress tests.

From CMA Datavision:

ES Cajas 726

Swedish banks have been less pronounced in their movements, even though no banks from that country failed the tests.

From CMA Datavision:

SW Banks 726

Now check out 12 charts that show Europe’s stress tests as being way to weak >

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