Credit Default Swaps on Credit Suisse is now at the peak reached during GFC 2008… $CS
This is the insurance cost against default on their bonds… which usually sit at the top of the capital structure… bank depositors sit at the bottom.
Is your money safe at your bank? pic.twitter.com/odpZHmqXtd
— Wall Street Mav (@WallStreetMav) September 25, 2022
