Applying CFA LII Knowledge - Bloomberg Article

Credit Default Swaps, Swap spreads, Mortgage Backed Securities etc. are discussed in detail in Level II Fixed Income and Derivatives. The following article of Bloomberg uses the terminologies explained in the CFAI curriculum. Allegiance to those terminologies help in better understanding of the article.

http://www.bloomberg.com/news/2011-12-13/mortgage-bonds-rally-as-fed-backstop-seen-in-europe-crisis-credit-markets.html