U.S. Bank Bonds' Default Protection Costs Steady as Earnings Season is Under Way -- Market Talk
Dow Jones
Jan 15
1358 GMT - Default protection costs for U.S. bank bonds are fairly stable as banks release fourth-quarter earnings reports. Citigroup, Bank of America and Wells Fargo are some of the banks that have published earnings, offering mixed results. Citigroup's 5-year credit default swap spreads are unchanged at 52 basis points, while Bank of America's remain at 51 basis points, S&P Global Market Intelligence data show. Wells Fargo's 5-year CDS spreads are stable at 46bps. (miriam.mukuru@wsj.com)
(END) Dow Jones Newswires
January 15, 2026 08:58 ET (13:58 GMT)
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