Japanese CDS spreads increase in aftermath of devastating earthquake

The cost of insuring against a Japanese sovereign default registered a significant rise today, as the nation reeled from the impact of the largest earthquake in its history. The quake struck on Friday, triggering a tsunami that inflicted massive damage on the low-lying coastal areas in the east of the country – thousands of deaths have already been confirmed, with more than 10,000 people still missing.

With the heavily indebted government now facing extensive rescue and reconstruction costs

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 [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

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: