The cost of insuring Israeli government bonds against default - credit default swaps, better known by their initials, CDS - has soared 22% in the past week as the markets grow increasingly nervous about veiled Israeli threats to attack Iran.
Default insurance on Israeli government bonds soars on worries over Iran attack
Government officials are weighing how much extra an attack might cost in terms of boycotts of Israeli exports, or whether it might cause some countries to bar exports of military equipment to Israel.
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this story is by
Eran Azran, Ram Ozeri


