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US five-year credit default swaps rise to 51 basis points

US five-year credit default swaps rise to 51 basis points
A headline from S&P global market is out saying:five-year credit default swaps rise at to 51 basis pointshighest level since 2012.The price is reflective of the concerns about risks in the economy. A credit default swap (CDS) is a financial derivative contract that allows participants to manage or transfer the risk of default on a credit instrument, such as a bond or loan. Essentially, it is a form of insurance against the risk that a borrower will not meet their obligations to repay a loan or... Read More
Posted: Apr 21 2023, 16:47
Author Name: forexlive
Views: 111489

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