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Is @CreditSuisse safe?
1/12 Credit Suisse's #CDS premiums have soared to higher levels than during the 2008 financial crisis, fueling speculation of a crisis.
1/12 Credit Suisse's #CDS premiums have soared to higher levels than during the 2008 financial crisis, fueling speculation of a crisis.
2/12 A credit default swap(CDS) premium is the rate at which an insurance policy guarantees the principal in the event of a default,
3/12 and a higher #CDS premium means that the risk of default is higher, and therefore the policy requires a higher fee. #CreditSuisse blames three events in 2021 for the rise in CDS premiums. First, around March 2021, Bill Huang's Archegos Capital collapse.
