We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Credit declined

10 September 2008

Default risk, even after taking responsibility for the GSEs $5.4 trillion of liabilities, remains miniscule. But credit traders think the US is now less of a sure thing. They re right to be sceptical the US could have to pony up more than it hopes to save the mortgage giants.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)