One-year credit swaps hit highest level since at least 2008
Cost of insuring against US default climbs on debt ceiling fears
Recent Posts
- US has burned through ‘years’ of munitions since start of Iran war
- US to ease Russian oil sanctions as energy prices soar
- Investors slash Fed rate-cut bets as Iran war sends petrol prices surging
- Fed to loosen capital requirements for big US banks
- US intervention in oil futures would be ‘biblical disaster’, CME warns
