Jim CostaFeb 281 min readIts Official! US Default Risk (1Y CDS) Now Higher Than Peru!Article "Credit default swaps (CDS) represent the price of insuring against default. So it is now more expensive to insure against a US debt default than perpetually mismanaged Peru.
Article "Credit default swaps (CDS) represent the price of insuring against default. So it is now more expensive to insure against a US debt default than perpetually mismanaged Peru.
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