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2016-02-12 — nasdaq.com
On Thursday, the average cost of insuring senior European bank debt against default increased to its highest level since October 2013, according to data provider Markit. In the U.S., the cost of insuring against default on banks from Goldman Sachs Group Inc. to Wells Fargo & Co. also has shot up.
...
In the U.S., the cost of insuring against a default on $10 million worth of Goldman Sachs debt for five years rose $20,000 to $159,000 a year on Thursday, according to Markit. The cost of insuring against a default from other major lenders such as J.P. Morgan Chase & Co. and Wells Fargo also rose.
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