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BP Trades as Junk, Credit-Default Swaps Invert: Credit Markets

Posted on June 13, 2010 by bp complaints

BP Trades as Junk, Credit-Default Swaps Invert: Credit Markets
June 10 (Bloomberg) — BP Plc bonds and credit-default swaps are trading as if the energy company has lost its investment-grade rating as costs mount from the worst oil spill in U.S. history.
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