{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Eurodollar University","title":"Credit Default Swaps Are SURGING, Here's What You Need To Know","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/3e294088\"></iframe>","width":"100%","height":180,"duration":1182,"description":"US sovereign CDS prices are soaring, not relenting after jumping during April. While mainstream sources will say that's this dollar-ditching stuff, neither the track record for CDS nor empirical evidence agrees. Government credit default swap premiums are set by one factor, and it has everything to do with the banking system. \nEurodollar University's Money & Macro Analysis\nSovereign and bank CDS spreads: two sides of the same coin?\nhttps://www.ucd.ie/geary/static/publications/workingpapers/gearywp201402.pdf\nMSCI The CDS Market’s View on US Default\nhttps://www.msci.com/www/blog-posts/the-cds-market-s-view-on-us/03820087801\nBloomberg Oaktree Co-CEO Sees Private Credit Trades as Low as 50 Cents\nhttps://www.bloomberg.com/news/articles/2025-05-02/oaktree-s-o-leary-says-deep-discounts-arising-in-private-credit\nhttps://www.eurodollar.university\nTwitter: https://twitter.com/JeffSnider_EDU","thumbnail_url":"https://img.transistorcdn.com/-PtiTzNd5Hw0QA5KJSn4hxFg04siyhv-eokn_umaeKU/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzkyNDMvMTY2ODk5/MjU1OS1hcnR3b3Jr/LmpwZw.webp","thumbnail_width":300,"thumbnail_height":300}