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CDS spreads tighten as markets relax. MS -160 BPs to 838; WB -32 BPs to 715. GS -40 BPs to 580....

CDS spreads tighten as markets relax. MS -160 BPs to 838; WB -32 BPs to 715. GS -40 BPs to 580. LYG +12 BPs to 210.
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