Mitsui, Mitsubishi Debt Risk Spike on Loss Outlook Seen Overdone

  • Mitsui default swaps rise most in six months on loss forecast
  • `Trading companies have saved up a lot,' BNP Paribas says

The perceptions of debt risk at two of Japan’s top trading houses may have overshot reality, as their balance sheets remain solid even after they forecast annual losses, according to Mizuho Financial Group Inc. and BNP Paribas SA.

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