Watching the Lehman CDS Auction
Quickly, before I take off, you can keep an eye on the Lehman CDS auction over at CreditFixings. The inside market midpoint is 9.75, but we won't see all the bids and really know how things shake out until 2pm EST.
Quickly, before I take off, you can keep an eye on the Lehman CDS auction over at CreditFixings. The inside market midpoint is 9.75, but we won't see all the bids and really know how things shake out until 2pm EST.