US Treasury 10-yr CDS hits record high | Markets | Bonds News | Reuters

US Treasury 10-yr CDS hits record high | Markets | Bonds News | Reuters: "LONDON, Dec 1 (Reuters) - The spread or risk premium on 10-year U.S. Treasury credit default swaps hit a record high on Monday, extending a recent trend as market participants continued to fret about the scale of the government's financial rescue programmes."

Norton's comment: OUCH! Here goes the CREDIT RATING OF US TREASURIES.........then the flight from the US Dollar as fiat currency. Dare I say the Iceland just filed SU bankrupcy to be saved from US obligations.

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