Cost of insuring UK government debt against default jumps

Cost of insuring UK government debt against default jumps

Cost of insuring UK government debt against default jumps Register now for FREE unlimited access to Reuters.com LONDON, Sept 23 (Reuters) - The cost of insuring Britain's debt against a default jumped to its highest level since mid-2020 on Friday as concerns mounted about the government's plans to slash taxes and ramp up spending. S&P global market intelligence data showed 5-year credit default swaps (CDS) - derivative instruments that debt investors typically use to hedge risk or bet against something …