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Goldman Sachs Credit Swaps Jump as Levin Claims It Duped Clients

The cost to protect debt issued by Goldman Sachs Group Inc. jumped to the highest level in almost a month after the chairman of the Senate panel that investigated the financial crisis said the bank misled clients and Congress about investments in securities tied to mortgages.

Credit-default swaps on the U.S. bank that makes the most revenue from trading climbed 4.2 basis points to 115.5 basis points, according to data provider CMA. That’s the highest level since 118.1 basis points on March 17.