Credit Default Swaps PIIGS vs CINN Group (California, Illinois, New York, New Jersey)

In response to European Sovereign Debt Crisis in Pictures; PIIGS Spreads to Germany at or Near Record Levels I received this chart from Chris Puplava at Financial Sense.



click on chart for sharper image

Chris writes "In addition to foreign credit risk (Greece, PIIGS), I�m seeing my CINN STATE (CA, IL, NY, NJ) Credit Default Swap (CDS) composite moving higher again."

Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com
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