This post was originally published on this site
UBS five-year credit default swaps (CDS) rose 12 basis points from Friday’s close to 118 bps, its highest level since 2013, data from S&P Global (NYSE:SPGI) Market Intelligence showed.
Credit Suisse CDS last stood at 335 bps, well above Friday’s close of 250 bps but below the 355 bps hit earlier on Monday.
