Goldman Looks At European Systemic Risk, CDS ConcernsMark Melin
Systemic risk that was recently dormant is stirring, noted an economics research piece from Goldman Sachs. As credit spreads spike and pressure on bank equities has been building for weeks, it all just might be signaling a “reactivation of systemic risk concerns in markets.” That said analysis from Charles P. Himmelberg notes “fewer systemic concerns than credit markets are pricing.”
Yellen: Too Big To Fail still Too Big To Fail
The “systemic concerns” of credit markets are perhaps most emblematic based on the soaring Deutsche Bank credit defaults swaps, which increasingly appear to be pricing in disaster as
This content is exclusively for paying members.
If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.