Wednesday, February 18, 2009

USA CDS Hits All Time Wide Of 90 Bps

The cost to insure against a U.S. default hit an all time high of 90 bps today ($90k on $10 million in insurance). Again, who pays if it defaults? Sphere: Related Content
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7 comments:

Anonymous said...

wait arent US govt CDS denominated in EUR so that would be €90k($112,968)?

your point still stands just wonder for my own knowledge.

Tyler Durden said...

technically you can ask your broker to denominate it in any currency you want. but rule of thumb - if you buy us cds in cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 us, you are working in $ us. in europe situation is fluid

Adam said...

Great fact. Whose rating is this?

Tyler Durden said...

not rating. freely traded insurance in cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 market

Anonymous said...

So what is cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 accepted collateral for bets on treasury bonds? Gold coins?

Advant Guard said...

It sounds like free money to me. If cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 U.S. does default, what are cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365y going to do, sue me? They'd have to know cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 secret location of cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 Bat Cave.

Anonymous said...

True that this is freely traded, but not liquid at all. I'm sure you could put this trade on at 90bps, but when you want to unwind, be prepared to bend over and grab your ankles.