Default

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fail to pay up

Default Swaps in U.S. Rise as Greece Prepares for a New Election - Bloomberg
A gauge of U.S. corporate credit risk increased as a Greek caretaker government will prepare new elections probably on June 17 that may decide whether the country should remain a euro member. The Markit CDX North America Investment Grade Index ... Read more on this news related to 'Default'
Default Swaps in U.S. Fall From 2012 High on China Growth Steps - Bloomberg
A gauge of U.S. corporate credit risk fell from the highest level of the year as China pledged to take measures to boost economic growth. The Markit CDX North America Investment Grade Index, a credit-default swaps benchmark that investors use to ... Read more on this news related to 'Default'
Argentina's Grupo Petersen To Default On YPF Loan - Reuters - FOXBusiness
BUENOS AIRES – Argentina's Grupo Petersen will miss a $400 million payment on debt to syndicated banks due Wednesday, which would trigger default and a seizure of the collateral backing the debt--the group's shares in oil company YPF SA (YPF ... Read more on this news related to 'Default'