CDS spreads widen on UK

Five-year senior credit default swap (CDS) spreads referencing the UK moved out from 72.5 basis points at yesterday's New York close to 79.94bp at 3:00pm BST today (according to data from credit information specialist CMA Datavision) after credit rating agency Standard & Poor's revised its outlook to negative from stable, citing a growing government debt burden.

CDS spreads also widened 8.05bp on Spanish sovereign debt to 82.77bp, while spreads on Portugal moved out 6.88bp to 62.61bp.

In the finan

To continue reading...

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 indvidual account here: