Wednesday, February 8, 2012

Country Default Risk (Bespoke)

Below we highlight the current sovereign debt credit default swap (CDS) prices for 39 countries around the world, as well as their year to date changes.

As shown, every country except one (Portugal) has seen its default risk decline in 2012. European countries have mostly seen the biggest drops in default risk, with Belgium leading the way with a drop of 31.6%. Greece – while it still has by far the highest default risk – has seen its default risk fall the third most in 2012 with a decline of 25.5%. (France ranks second at -25.7%.) The US currently has the lowest default risk out of all the countries shown by a wide margin.

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