U.S. default risks dropped amid recovery

Source: Bloomberg
© Scanpix/Reuters
Risks of default in the United States decreased by around 50% during last four months, as the indicator of default slipped to 26.5 points from 46 in October, almost reaching the German level of 25 points. Analysts explain the positive movements by strong economic growth in the U.S. Moreover, recently the U.S. Congress approved an increase of borrowing authority until March 2015.
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