Dave Kranzler has pointed out rumblings in the credit markets: –MOVE (bond market option volatility estimate index) has shot up to a level last seen in 2009; –Deutsche Bank share price down 50% since Feb., other major banks similar; — credit default swap prices most expensive since March 2020.
Wall Street on Parade (June 29, 2022): “explosion in growth of precious metals derivatives at insured U.S. commercial banks and savings associations between 4Q 21 and 1Q 22”
Dave Kranzler has pointed out rumblings in the credit markets:
–MOVE (bond market option volatility estimate index) has shot up to a level last seen in 2009; –Deutsche Bank share price down 50% since Feb., other major banks similar;
— credit default swap prices most expensive since March 2020.
Wall Street on Parade (June 29, 2022):
“explosion in growth of precious metals derivatives at insured U.S. commercial banks and savings associations between 4Q 21 and 1Q 22”