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CREDIT UPDATE: Volkswagen (VW: Hybrid Baa2/BBB-/BBB): New lows for Perps

CREDIT UPDATE
  • In contrast to the strength in Property names, VW is reaching new lows for the past 6 months in its Hybrids.
  • VW 7.875 Call32 z+340 is at the widest since the start of the year.

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