Moody’s Puts Belgium Aa1 Rating Under Downgrade Review, CDS To Surge

Miscellaneous | eWallstreeter | October 7, 2011 1:41 pm

To all those who bought Belgium CDS as per our compression trade suggested earlier today, congratulations. Oh and the part in the Moody’s announcement where it says that a main driver of the review is “The uncertainty around the impact on the already pressured balance sheet of the government of additional bank support measures which are likely to…

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