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Open original source ↗🚨 $CRWV credit default swaps JUST hit ~1,000 bps.
Implies about a 63% chance of default within 5 years, vs ~30% a year ago!
-not great
Via Bloomberg: https://t.co/EAaPVL7Hdv
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Segment 1 · characters 0–137 · Original segment ↗
Segment 2 · characters 139–177 · Original segment ↗