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Private Market Analysis: Average 10-Year NAIC-2 Spread Widens More Than 200 bps Since August '07


By Grant Catton

November 17, 2008

The average new issue spread to U.S. Treasurys for 10-year, NAIC-2 traditional private paper has drifted out more than 200 basis points since August 2007, according to data from Private Placement Letter.

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