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Main Risk to Widening Spreads Is Removed: Expert

Tuesday, 26 Mar 2013 | 12:05 PM ET

Charles Diebel, head of market strategy at Lloyds Bank Wholesale Banking and Markets, says the main risk to widening spreads has been removed with the Cyprus deal but that we could still see an 'initial knee jerk reaction' in peripheral countries that could be most affected by capital flight.