Daily Default Dashboard: Steady as she goes on Monday

October 15, 2013

After showing new signs of calm late last week, the Wonkblog Daily Default Dahsboard showed little return of some fear to global markets in Monday's trading session. Bond markets were closed due to the Columbus Day holiday, and the default barometer overall was steady in the "Something's Not Quite Right" category, well below the more worrisome levels of last Wednesday. Markets aren't sure if a deal will happen or what it will look like, but are holding their breath and hoping for the best.

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Lydia DePillis | October 15, 2013