CDS Archive

Insurance Cost Against US Default Hits Record

Somewhat misleading headline. It reflects the odds of being able to deliver a specific treasury bond to the insurer at par. Insurance cost?against US default hits record By Michael Mackenzie and Nicole Bullock May 25 (FT) —Insurance Cost Against US Default Hits Record Published: Wednesday, 27 Jul 2011 | 10:14 PM ETText ...Read More

SOVS Update

It’s all moving very quickly now. The US 10 year is down over 25 bp from the highs, US stocks are leveling off as the dollar is looking up, hurting foreign earning translations as are rising risks of more serious trouble in the euro zone. It’s also becoming more apparent that the ...Read More