http://georgewashington2.blogs…w-pricing-in-genuine.html
ZitatWell, people are now starting to increase their use of credit default swaps to bet that the U.S. will default on its ability to pay on its treasury debt.
ZitatCheck out the chart showing the recent spikes in the US 10-year credit default swap. In other words, the market is now pricing-in the genuine possibility that the US will struggle to pay-back some of its long-term T-bills.
Schönen Gruß