https://www.reuters.com/markets/us/us-5-year-credit-default-swaps-rise-highest-since-2011-2023-04-21/ Skip to main content Exclusive news, data and analytics for financial market professionals Learn more about Reuters home * World * Business * Markets * Legal * Breakingviews * Technology * Investigations * Sports * More My View Register * * * * * * * * * U.S. Markets 1 minute readApril 21, 20235:02 PM UTCLast Updated ago US 5-year credit default swaps rise to highest since 2011 Reuters Illustration shows U.S. dollar banknotes U.S. dollar banknotes are displayed in this illustration taken, February 14, 2022. REUTERS/Dado Ruvic/Illustration/File Photo * * * * * * * * April 21 (Reuters) - The cost of insuring exposure to United States sovereign debt rose to the highest level since 2011 on Friday, over market jitters that the government could hit its debt ceiling sooner-than-expected. Spreads on U.S. five-year credit default swaps widened to 51 basis points, data from S&P Global Market Intelligence showed. This is more than double the level they stood at the start of the year. Reporting by Alden Bentley, Editing by Franklin Paul * * * * * Our Standards: The Thomson Reuters Trust Principles. 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