Will UK Default?
Trading volumes have spiked for credit default swaps insuring against default by developed nations such as the U.S., U.K., and Japan according to The Financial Times. At the same time. the volume of trading for similar bets against emerging markets has been falling. FT: Rising debt levels and growing political and economic uncertainty have created a more active market, with more investors now seeking insurance. Interesting times… More Top Stories Sucking up to the Boss
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China – making life worse for everyone?
Even …
Trading volumes have spiked for credit default swaps insuring against default by developed nations such as the U.S., U.K., and Japan according to The Financial Times. At the same time. the volume of trading for similar bets against emerging markets has been falling.
FT: Rising debt levels and growing political and economic uncertainty have created a more active market, with more investors now seeking insurance.
Interesting times…
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