Credit Suisse bonds plummet to distressed levels in New York -
theold - 16-03-2023
Bonds trading at a premium of more than 1000 basis points over government bonds are perceived by credit markets as distressed. The cost of insuring Credit Suisse bonds against near-term default had previously reached levels that signaled serious investor concerns.
https://www.cash.ch/news/top-news/credit-suisse-bonds-sturzen-in-new-york-auf-notleidende-niveaus-ab-583375
RE: Credit Suisse bonds plummet to distressed levels in New York -
sgbuffett - 16-03-2023
Market take it that collapse is likely.
RE: Credit Suisse bonds plummet to distressed levels in New York -
ysh02 - 16-03-2023
Not so soon since their Govt come in to rescue ....One thing why Singapore side like not so affected and MAS said won't affected Singapore .I thought we are inter-linked the world ?
RE: Credit Suisse bonds plummet to distressed levels in New York -
Sline - 16-03-2023
Singapore banks are not exposed to US /Europe Junks. After Asia Financial Crisis, banks here are stronger.