What a Sovereign Heart Attack Looks Like

This Bloomberg graph of day-over-day changes in sovereign credit default swap prices leading up to the Greece bailout shows what a sovereign heart attack looks like, at least from a credit market point of view. Greece is in yellow, in case you can’t tell.

cds-chgs

Related posts:

  1. Sovereign Defaults, Greece, etc. — A Live Chat
  2. European Sovereign Credit Risk, 1750-1913
  3. Sovereign vs. Relational: Wham! Bam! Crash!
  4. Hemingway on Sovereign Crises: Slowly, Then All at Once
  5. Latest Sovereign Credit Default Swap Data