If the CDS payout had not been triggered, the private sector investors would view the purchase of such sovereign debt as having significantly more risk, and that would result in a much higher interest cost of that sovereign debt to the issuing countries.
As Chris Nagy of TD Ameritrade explains in the new issue of the AAII Journal, a stop order turns into a market order once triggeredif more specific instructions are not given.
Hundreds, ifnot thousands, of aftershocks have shaken the area since the massive tremor last December 26th that triggered the devastating Indian Ocean tsunami.