What are cds in finance the ongoing rise in CDS spreads tied to

The ongoing rise in CDS spreads tied to US regional banks suggests possible equity market volatility heading into Q Consider This: 6 Hybrid Vehicles To Stay Away From in Retirement Banks and credit unions update current CD rates based on market conditions. These rates typically receive an update no sooner than weekly, although some don’t do so for months. CDS in finance are pivotal during rising interest rate cycles. In June 2024, US corporate CDS spreads widened across energy and utilities, pointing to possible re-pricing in dividend-focused stocks as debt service costs escalate.