HSBC's house view on the sovereign debt crisis

FinanceAsia spoke with HSBC's Dilip Shahani and Sean Henderson about Europe's credit crisis and its implications for Asia.

As Europe continues to deliver a series of band aid solutions to an ever deepening sovereign debt crisis, Asian credit markets are seeing spreads widen in sympathy with the worsening credit markets in Europe and the US.

After the 110 billion $145 billion bailout package was issued to Greece on May 2, the market had thought the debt problems were on the road to repair. However with last week's relapse, coupled by escalating political tension in Greece, it was...

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