Given this statement what happened to the price of credit, Finance Basics

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Given this statement what happened to the price of credit

In July 2010, an article on Bloomberg.com noted: "The cost of protecting European corporate bonds from default fell, according to traders of credit-default swaps."

Given this statement, what happened to the price of credit default swaps? What happened to the price of corporate bonds in Europe?

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Finance Basics: Given this statement what happened to the price of credit

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Finance Basics: Given this statement what happened to the price of credit

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