PIGS: CDS Pricing Shows the Default Risk Clearly
Amazing how the cost has spiked even higher than the worst we saw at the pinnacle of disaster in late 2008. CDS pricing to insure against default on the sovereign debt of the PIGS are skyrocketing.
PIGS: CDS Pricing Shows the Default Risk Clearly
Amazing how the cost has spiked even higher than the worst we saw at the pinnacle of disaster in late 2008. CDS pricing to insure against default on the sovereign debt of the PIGS are skyrocketing.