Justin Formas Quoted in Bloomberg Article Regarding Muni CDS index
Justin Formas was quoted in a 4/9/14 article on Bloomberg regarding Muni Credits.
“Overall relative credit quality has improved and that shows in the price” of the swaps index, said Justin Formas, director of credit research in Chicago at Bernardi Securities Inc., which oversees about $1 billion in munis. “There’s more specific-name credit events versus speculation on the overall credit quality of the market.”