CORRECTED - U.S. 5Y Treasury CDS widest since April-CMA

Thu Feb 4, 2010 8:58am EST

(Corrects to remove word "spread" from headline; in 2nd paragraph uses word "price" to replace term "yield spread.")

NEW YORK Feb 4 (Reuters) - The cost of insuring U.S. government debt against default over five years rose on Thursday to its highest level since April 2009, amid jitters over rising sovereign risks, according to CMA DataVision.

In the credit default swap market, the five-year price to insure against a U.S. Treasury default grew to 49.4 basis points, the highest since April 8, 2009 when it was 52 basis points, the credit data firm said.

(Reporting by Richard Leong)

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