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Chart credit: Physicians Committee for Responsible Medicine.
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Chart credits: Top row: Rob Kim/Getty Images.
The chart, (Credit-spread blowout), shows the past year's history of Xerox's stock price along with the implied volatility of options on its stock price and the spread of Xerox corporate bonds as predicted by the Merton model.
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As of January 23rd, the cost of insuring against default by European speculative bonds had risen by almost one-and-a-half percentage points over the previous month (see chart).The credit crunch continues to sap the strength of the financial system, which may curb banks' ability to lend.
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The chart also credited the information incompletely.
RISKY ECONOMIES The chart shows credit-risk ratings produced by the Economist Intelligence Unit (EIU), a sister company of The Economist.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com