
NEW YORK, April 9 (Reuters) - The cost of insuring exposure to U.S. government debt has climbed to its highest in nearly two years, a sign of investors getting nervous.
Spreads on U.S. one-year credit default swaps (CDS) - market-based gauges of the risk of a default - widened to 58 basis points on Wednesday from 51 on Tuesday, according to S&P Global Market Intelligence data, the highest since May 2023.