CDS spreads on US banks tighten

The Credit Derivatives Research Counterparty Risk Index, which averages the five-year credit default swaps (CDS) spreads of the 15 largest credit derivatives dealers, dropped to 338.4 basis points, down from 360.4 bp on Thursday.

Goldman Sachs, which along with Morgan Stanley recently applied to become a bank holding company, saw its five-year CDS spreads move in to 400bp on Friday, down from 426.7bp the previous day. Morgan Stanley, which sold a 21% stake to Japanese financial group Mitsubishi

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 or view our subscription options here:

You are currently unable to copy this content. Please contact 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 View our subscription options


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 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