CDS spreads widen on US banks

Five-year senior credit default swaps (CDSs) referencing Citi moved out to 492.3 basis points at 3.25pm BST today from 451.1bp at close of trading yesterday, according to credit information specialist CMA Datavision. Spreads on Bank of America widened to 252.4bp from 232.9bp.

CDSs on JP Morgan moved to 111.7bp from 106.7bp, while CDSs on Morgan Stanley were trading wider at 231.8bp from 224.9bp. Spreads on Goldman Sachs moved out to 157bp from 154.7bp.

In Europe, CDSs referencing financials

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

If you already have an account, please sign in here.

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: