On Friday the cost of insuring Intel (INTC.O) debt surged after the company warned weak PC demand will produce a net cash outflow this year. Markit data showed Intel's five-year CDS spread widened 17.5 bps to a record 124.75 bps, the largest single-day rise since October 2022.

2026-10-30

On Friday the cost of insuring Intel (INTC.O) debt surged after the company warned weak PC demand will produce a net cash outflow this year. Markit data showed Intel's five-year CDS spread widened 17.5 bps to a record 124.75 bps, the largest single-day rise since October 2022.