CDX HY rolls to series 10 amid mixed flows
Roll to series ten in CDX HY mostly in line with expectations.

iTraxx indices off wides but thin trading exacerbates market
Crossover and Europe see wide intraday trades.

Monolines continue tightening spree post Moody's affirmations
CDX IG takes a notable dive inward on short covering.

UK bank takes new crisis-related write-down
Lloyds TSB wrote down its holdings in junior tranches of high grade ABS CDOs by £114 million ($224 million) in 2007

CDX IG makes wider strides
CDX IG extends amid unwinds

Crossover blows early but still solidly above 500bp
Crossover surges after US equity slide.

Financials mostly wider amid Northern Rock's investor squabbles
Bank CDS interest seen amid light flow.

S&P's outlook knock hurts Kingfisher CDS
Kingfisher extends in CDS on S&P outlook hit.

Cadbury protection widens after Peltz
Cadbury, Kingfisher and Dixons see CDS interest ahead of year-end.

Barcap details £1.3 billion writedowns but £1.9 billion profit YTD
Barclays has today announced in a trading update that its investment banking arm Barclays Capital made a pre-tax profit of £1.9 billion for the year to date after booking credit, mortgage and leveraged finance-related charges and write downs

Bank CDS blows to worrisome levels
Banks and brokers have traded so wide the past few sessions that there is no longer much differentiation between the credit default swaps of better rated banks and those that were caught hard by the subprime crisis.

Short Northern Rock CDS deals along with wide UBS and CS
Short Northern Rock CDS deals along with wide UBS and CS

HeidelbergCement and Crossover are key movers in CDS
HeidelbergCement and Crossover are key movers in CDS

Buyout moves and pre-roll protection plays dominate in Europe
Takeovers, debt issuance and pre-roll moves dominate single-name CDS activity in Europe.

Financials hold their own in CDS despite Fed speeches
Financial names held up rather well amid a round of speeches from Fed officials, more job cuts and investor selling.

Small size bwics and owics make the rounds
A smattering of bids-wanted-in-competition lists and offers-wanted-in-competition lists made the rounds in the market today, but they were much smaller than the large-scale lists that surfaced late August.

Countrywide CDS still wide but off lofty levels
Countrywide CDS still wide but off lofty levels

Supermarkets buck European index rally
Supermarkets buck European index rally

Autos, BWICs lead US sector tighter
Some positive auto sales results managed to put some additional spread tightening into an already tight US single name market.

LBO targets take the spotlight
In North America, Tribune saw a further day of dramatic widening

Event risk names active as rally gains ground
Event risk names active as rally gains ground

Crossover names rally on IPO rumours
Crossover names rally on IPO rumours

Fed vote sends indices back to tights
Credit index trading saw a notable shift last week following the Federal Reserve Board’s first interest rate meeting on Wednesday