• 03/05/2025

Shopping for Insurance Against a Debt-Ceiling Debacle? Buyer Beware

Wall Street Journal

Quirks in the market for credit-default swaps might distort the probability of the Treasury defaulting on U.S. government debt.

https://www.wsj.com/articles/shopping-for-insurance-against-a-debt-ceiling-debacle-buyer-beware-4bce5fbe