{"id":297610,"date":"2010-02-09T08:55:00","date_gmt":"2010-02-09T13:55:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/what-it-means-the-portuguese-sovereign-cds-curve-is-now-inverted-2010-2"},"modified":"2010-02-09T08:55:00","modified_gmt":"2010-02-09T13:55:00","slug":"what-it-means-the-portuguese-sovereign-cds-curve-is-now-inverted","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/297610","title":{"rendered":"What It Means The Portuguese Sovereign CDS Curve Is Now Inverted"},"content":{"rendered":"<p>Here&#8217;s a brilliant chart from <a href=\"http:\/\/ftalphaville.ft.com\/blog\/2010\/02\/09\/144766\/default-risk\/\">FT Alphaville<\/a>. It&#8217;s the Portuguese sovereign CDS curve, and as you see it&#8217;s inverted.<\/p>\n<p>In other words, investors think there&#8217;s a greater chance of a Portuguese default in the short term than in the long term.<\/p>\n<p>The time is right now for the ECB to solve the problem. If they can do it, they&#8217;re in good shape. If they can&#8217;t come up with a fix, then a bust could be imminent.<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/image\/4b716856000000000021bd78\/portugal.jpg\" border=\"0\" alt=\"portugal\" \/><\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/what-it-means-the-portuguese-sovereign-cds-curve-is-now-inverted-2010-2#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/europes-choice-dismantle-the-euro-or-cede-all-national-sovereignty-to-brussels-2010-2\">Europe&#8217;s Choice: Dismantle The Euro, Or Cede All National Sovereignty To Brussels<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/ecb-leave-summit-early-to-attend-emergency-eu-meeting-on-the-escalating-debt-crisis-2010-2\">ECB Chief Trichet Flies To Emergency Meeting On The Crumbling Euro<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/the-euro-was-supposed-to-narrow-economic-differences-but-it-failed-2010-2\">The Euro Experiment Failed: Europe Is Less Unified Than Ever<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/yTnQvbUZvNM\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Here&#8217;s a brilliant chart from FT Alphaville. It&#8217;s the Portuguese sovereign CDS curve, and as you see it&#8217;s inverted. In other words, investors think there&#8217;s a greater chance of a Portuguese default in the short term than in the long term. The time is right now for the ECB to solve the problem. If they [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-297610","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/297610","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=297610"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/297610\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=297610"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=297610"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=297610"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}