U.S. Bank CDS Above 2010 High, Worse Than Bear Stearns Peak, Closing in on Lehman Levels
Unsettling data point: The U.S. Bank CDS Average is above the level it peaked at in March 2008 and May 2010. The only time it was higher was during the height of the financial crisis in late-2008 and early-2009.
Source: Bloomberg
– Don
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