Korea's credit default swap (CDS) premium has been restored to its initial high due to US quantitative austerity. The Korean 5-year CDS premium trade reached 23.13bps on the 6th, up 0.59bps from the previous day, close to 23.68bps on March 10th last year. In the stimulus package that the US strengthened quantitative easing, Korea's CDS premium reached an all-time low of 17.80bps in September of ..