The volume of activity in sovereign credit default swaps linked to the US, UK and Japan have doubled in the past year because of concerns about their public finances. CDS volumes for Italy, which has one of the highest debt burdens of the developed economies, are now the highest for an individual country, according to the Depository Trust & Clearing Corporation. Graphic available here.

This entry was posted by Paul Murphy on Monday, November 23rd, 2009 at 4:37 and is filed under Capital markets. Edit this entry.