Market goes short telcos, autos and industrials, Tradeweb data shows

There were more sellers than buyers for cash credit in telcos autos and industrials, while lower tier two financials saw the reverse

TAGS: CDS Research

Comment by: Mike Peterson. Posted 10 years ago [2013-09-04 15:02:45]

To clarify, investors were net sellers of risk in the telecoms, autos and industrial sectors according to Tradeweb (as now shown above) and net buyers of financials. In the original version of this article we said the opposite, misinterpreting the findings as relating to buying and selling of CDS protection. Apologies for the confusion.