FT Article: Bets rise on rich country bond defaults

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	The following email has been sent to you by info@reibellecapital.com Bets rise on rich country bond defaults By David Oakley in London Published: November 22 2009 18:27 | Last updated: November 22 2009 18:27 The mounting level of debt in the industrialised world is prompting a growing number of investors to use the derivatives market to bet on the chance of rich governments defaulting on bonds. The volume of activity in sovereign credit default swaps – which measure the cost to insure against bond defaults – linked to the US, UK and Japan have doubled in the past year because of concerns about their public finances. Copyright The Financial Times Limited 2009. You may share using our article tools. Please don't cut articles from FT.com and redistribute by email or post to the web. This article can be found at: http://www.ft.com/cms/s/0/f4f9a4f0-d791-11de-b578-00144feabdc0,_i_email=y.html
 
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