5 year CDS swaps close to a high, move index over 140 again ,OAS spreads rising quickly, probably nothing to worry about.
According to Bloomberg, GS is estimating a39% drop in tax receipts yoy, this is probably nothing.
Meanwhile back at the ranch, 5 year US CDS swaps at another yearly high.
BTC
Here we go again, 5 year US CDS higher again today
5 year US CDS swaps at high, OAS high yield spreads going up, be careful out there.
I sound like a broken record, 5 US CDS at high again and rising.