Credit Suisse 5Y Credit Default Swaps rise again to 449bps. Lehman CDS were at 610bps days before collapse.

Photo: Twitter
Credit Suisse continues to new all time lows, as their CDS makes highs. Real crisis for this very large bank. Market hit our first resist level in first hour above 4100. As to Powell's speech, beauty is in the eyes of the beholder.
and rising
— Steven Arons (@StevenArons) December 1, 2022
here's chart of Credit Suisse's 5y CDS since 2001. it's just wow https://t.co/TTrwv2tyGs pic.twitter.com/d3L1sTK72b