Yes, 82 bp (5 yr) according to CMA DataVision Add: btw this is worse than Japan (62) Source : http://www.marketwatch.com/news/sto...52440-A28B-4834-A050-F844ECB90014}&dist=msr_4 Related: Moody's says U.S. financial position deteriorating http://www.marketwatch.com/news/sto...52440-A28B-4834-A050-F844ECB90014}&dist=msr_4 Worse then Japan ?
Scary bit is that these CDS underestimate the probability of default of the U.S. because they are effectively a spread between the economic situation getting bad enough that the US defaults but are not so terrible that the seller of the CDS also defaults. Moreover, these CDS don't measure the potential for a soft default on US debt (aka hyperinflation).