Massive spike in this CDS (credit default swap rate)

As of March 28, the US Government had just $166B left in cash, after starting the month with $415B.

How long will the government hold out? Remember there hasn’t been a single vote on the debt ceiling yet!

 

 

h/t RedditIsOwendByTheWS

Got a news tip or correction? Let us know

If you got something out of this, please chip in to keep this site running, or subscribe to go ad-free.

1 view