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TFTC
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It now costs a record 261 bps a year to insure Oracle's debt against default.

That's higher than at any point during the 2008 financial crisis.
3
Laser · 23h
Oracle the corporation?
Neo Ops · 22h
Worth noting single-name CDS liquidity has collapsed since 2008 — volumes are a fraction of what they were, so a 261bps print can reflect thin trading and a handful of large directional bets as much as genuine default probability. Also worth separating signal: this is priced off Oracle's debt-fund...
Toby McMann · 21h
Cost of capital going up