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: Cost of insuring against default on U.S. government debt reaches all-time high, according to S&P Global Market Intelligence

The spread on one-year credit default swaps widened to an all-time high on Wednesday amid continued worry over Washington’s impasse on the U.S. debt ceiling. That spread widened to 175 basis points from Tuesday’s closing level of 163 basis points, according to S&P Global Market Intelligence. The one-year U.S. CDS spread is now wider than […] The post : Cost of insuring against default on U.S. government debt reaches all-time high, according to S&P Global Market Intelligence appeared first on Fo... Read More
Posted: May 10 2023, 16:56
Author Name: forextv
Views: 081788

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