Default risks soar in South Korea, Japan, China

Default risks soar in South Korea, Japan, China
The credit default swap (CDS) premium for South Korea closed at 87.90 basis points on Thursday, up 24.26 basis points or 38.1 percent from March 7 when the United Nations Security Council imposed sanctions against North Korea for its nuclear test, …
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BULL'S EYE: See wood, not trees. Buy gold. Now.
In English, this means unsettled bets on fancy trades played in foreign exchange, interest rates, equity, commodities and credit default swaps (CDSs). Basically, all this money is being batted back and forth in a form of risk-hedging. You buy a …
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