Sales Gloom Extends To Nordstrom As Credit Spreads Jump Across Retail Sector |
| May 14, 2016 | May 2016 Bond Updates |
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Despite better-than-expected retail sales data for the broader economy this morning, retail names continued to dominate the list of biggest movers wider within the CDX IG 26 contract as brutal first-quarter results and dimming forecasts weighed on already tottering high-grade ratings profiles. |
| View more at: http://www.forbes.com/sites/spleverage/2016/05/13/sales-gloom-extends-to-nordstrom-as-credit-spreads-jump-across-retail-sector/ |
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