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Sentence of the Day
marginalrevolution.com/marginalrevolution/2025/06/sentence-of-the-day-11.html
FT: Analysis by Torsten Sløk, chief economist at Apollo, suggested that US government credit default swap spreads — which reflect the cost of protecting a loan against default — are trading at levels similar to Greece and Italy.
Yikes!
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This story appeared on marginalrevolution.com, 2025-06-03 11:18:08.