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The S&P/ISDA U.S. 150 Credit Spread Index has seen spreads widen by 56.52% since July 2014. This means investors are demanding over 50% more on the notional cost of default insurance on the largest investment-grade corporate bonds tracked by the S&P 500®. CDS “insurers” from the S&P/ISDA CDS U.S. High Yield OTR Index saw spreads…
