US Financials CDS Update

Tyler Durden's picture

Remember when MS CDS was back at 300 bps a few days ago when it reported it was perfectly hedged?

BANK & FINANCE 5YR CDS                                         
                                                               
BAC 410/430  +15      AXP  118/128  k100  +3         
GS  375/395  +10       COF B 112/122  k100  +5         
JPM 160/170  +5         COF F 155/170  k100  +5         
MER 450/470  +10      GECC  270/285  k100  +10         
MS  480/500  +20       HSBCF 270/300  k100  +5         
WFC 163/173  +3                                         
BAC SNR/SUB  160/210   
CITI 280/300 QTE +5