It put forth the idea that millions of Americans might soon swap their high-cost lives on the urban coasts and head out to Green Acres.
FORBES: Wriston's Law Still Holds
The higher the cost of a credit default swap, the higher the implied risk.
FORBES: Connect
In recent weeks there has been a rise in both LIBOR (a gauge of banks' borrowing costs) and the credit-default-swap spreads on bank bonds (the cost of insuring against default risk).
ECONOMIST: Why are both Treasury bonds and gold performing so well?
The, The cost incurred to buy Credit Default Swap protection on corporate bonds from climbed to the highest level this month.
FORBES: To Stay AAA, America Has To Act
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