The decision by ISDA’s European determinations committee Thursday to not trigger CDS on Greek debt has been largely shrugged off, mainly because payouts are widely seen as being warranted in the event that Greece forces investors into its restructuring deal. That’s an outcome that many in the markets see as highly likely. However, the decision still has potential ramifications for other troubled European bond markets. The determinations committee issued a short statement explaining their decision – which is more than they usually do – but didn’t provide much information. However, Dow Jones Newswires Katy Burne tells ... (full story)