Sunday, December 2, 2007

Free ABX Indices

Bloomberg does not provide ABX indices data, but I managed to find this free resource:

http://www.markit.com/information/products/abx/history.html

Check it out!

According to BofA, interest rates are set to rise or "reset" on $362 billion worth of adjustable-rate subprime mortgages. This can worsen the subprime turmoil, since a lot of subprime mortgages already went bad in their first year even before their rates rose.

No comments: