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The CDS (credit default swap) on Chinese government bonds went up over 30% during the last week. This means that the market believes that the chance for a defau
by misja111 3y ago
The CDS (credit default swap) on Chinese government bonds went up over 30% during the last week. This means that the market believes that the chance for a default on bond payments went up considerably.
If you believe you are right and the market is wrong, you should short-sell CDS'es and get rich.