CS credit risk has spiked to record highs this morning, topping 280bps at one point – basically disallowing the company from any investment banking business… $46 BILLION in securities with agreements to resell. RIP

by Boo_Randy 2/ CDS are a bit hard to understand, so instead I'll focus on the bonds. The 2025 Credit Suisse bonds pictured below trade at 6.4%. Compare this, for example to Ukraine 2025 debt trading at 67%. Talking about …

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Biden Says He Will Fight Inflation With More Inflation. Some Transportation Costs Spiked 1,000%. Corn and Soybean Farmer Says Americans May See Grocery Bills Increase $1,000 a Month

……Biden outlined a four-point plan to fight inflation on Tuesday night. The bullet points included strengthening supply chains; reducing costs through government action; taking on corporate consolidation; and encouraging workers to find better jobs by providing resources like retraining.….. ……Speaking of …

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