Tag:
Citi CDS
Latest Headlines
Latest Headlines
Citi CDSs soaring, as stock plunges
All top banks seem to be in trouble, but the markets seem to think Citi is by far the bank most likely to default on its bonds. As its woes continue to mount, Citigroup's credit default swaps spreads widened to a record 580 basis points, reports Reuters . The swaps had traded at 491 basis point
