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Credit Default Swaps on US Debt

see if you find out how much has really been bet and continues to be bet

US Treasury CDS

“It’s a question of whether it’s really a legitimate trade in many respects,” said Cirami, a co-manager of the $7.3 billion Eaton Vance Global Macro Absolute Return Fund. “Is it something that could ultimately pay off in the end? If you’re thinking about an end game and the U.S. having a credit event, you wonder about your counterparty then.”

Doesn’t he realize I am a taxpayor and I am standing ready to make sure his ass is covered?????

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