U.S. Corporate CDS Narrow Sharply
Credit default swap spreads on U.S. corporations narrowed 8 basis points—the sharpest intraday decline in more than 13 months— to 86.5 bps after Congress approved a deal to avoid the fiscal cliff.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts
