Fixed income remains popular with investors despite a very recent shift towards equities, but which bonds currently pose the greatest risk to investors?
The great sell-off of peripheral sovereign debt has unwound to an extent, with insurance against default tightening a total of 16% globally at the end of 2012, but there remain some vulnerable debtors in the market. Which regions are currently the most risky? Below, research from S&P Capital IQ reveals the world's most at-risk debtors where insurance against default is at double-digit percentages in some cases. (Greece is excluded because of a lack of pricing availability). 1. Argentina 5-year CDS mid-point 14.5% Fears over the country's debt were heightened at the end of 2012 a...
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