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The totally-not-a-bailout explained…

March 15, 2023 3:55 pmMarch 15, 2023 10:38 am by IWB

h/t EuphoricTrilby

Credit Suisse 5Y CDS exploded higher to 766bps, pricing in a probability of default of 47%, stock plunges 30%. The Saudis have said they won’t invest. Credit Suisse failure would be 5x SVB

DeSantis denounces U.S. aid to Ukraine, downplays Russian invasion as a ‘territorial dispute’

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