According to S&P Global Market Intelligence, spreads on five-year credit default swaps on JPMorgan Chase & Co (JPM.N), Bank of America Corp (BAC.N), Morgan Stanley (MS.N) and Wells Fargo (WFC.N) shot up to their highest since October, while those for Goldman Sachs (GS.N) and Citigroup Inc (C.N) are highest since November.

https://www.reuters.com/business/finance/us-bank-cds-prices-surge-contagion-concern-widens-2023-03-15/

Not good...and now CNBC has taken down the top 5 banks' CDS webpages. What are they trying to hide?

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Discussion

Not a good look... it's fixing to be another one of those weeks.