NEW YORK (Reuters) – The short-term cost of insuring exposure to U.S. government debt climbed further on Friday in a sign of investor nervousness. Spreads on U.S. six-month credit default swaps (CDS) – market-based gauges of the risk of a default – widened to 70 basis points on Friday from 65 bps on Thursday, according […]
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US government 6-month credit default swap spreads widen
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NEW YORK (Reuters) – The short-term cost of insuring exposure to U.S. government debt climbed further on Friday in a sign of investor nervousness.
Spreads on U.S. six-month credit default swaps (CDS) – market-based gauges of the risk of a default – widened to 70 basis points on Friday from 65 bps on Thursday, according to S&P Global Market Intelligence data.
(Reporting by Davide Barbuscia)