(Reuters) - NEW YORK, July 25 - Benchmark ABX indexes fell to
record lows on Wednesday as July performance data showed
further deterioration in loans underlying subprime mortgage
securities, traders and analysts said.
"The "BBB-" indexes are down by one to two points across
the board on the latest remittance reports," said one trader.
The indexes are a tool used to hedge subprime mortgage risks
Read more at Reuters.com Bonds News
record lows on Wednesday as July performance data showed
further deterioration in loans underlying subprime mortgage
securities, traders and analysts said.
"The "BBB-" indexes are down by one to two points across
the board on the latest remittance reports," said one trader.
The indexes are a tool used to hedge subprime mortgage risks
Read more at Reuters.com Bonds News
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