Turmoil in the global banking industry, and the consequence of aggressive monetary tightening, have led many to question whether we're on the verge of yet another financial crisis.
And it’s added to volatility in the credit default swaps market as well.
So how were the credit default swaps of our Singapore banks affected? And what’s the outlook for the CDS for the second half of the year?
On Money in the Market, Hongbin Jeong speaks to Rena Kwok, Credit Analyst, Asian Financials, Bloomberg Intelligence to find out more.
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