Guess Which Country’s Credit Risk Has Improved The Most Since Trump’s Election
By Tyler Durden
Since Donald Trump's election, the credit risk of two of the world's most important nations has diverged dramatically…
Aside from Chile, China's credit risk has worsened quite notably in the last 7 weeks since Donald Trump was elected.
But, as Bloomberg notes below, Russian credit risk has collapsed. In fact, it’s turning out to be the best December for Russia’s credit risk since at least 2004. The premium paid for protection against a debt default by the government has fallen 21 percent so far this month, the best showing in the world.
Pushing Russia's market-perceived credit risk back to pre-sanctions lows…
And finally, in case you were curious, USA default/devaluation risk has risen 'relatively' notably since the election…
Source: Guess Which Country’s Credit Risk Has Improved The Most Since Trump’s Election
