The current recommendation goes.
Case in point from tonight's MIDAS:
The CRI broke through 300 bps today and now trades at its all-time high. Eleven index members trade wider (more risky) and none trade tighter. Barclays and Citi lead the way wider. BofA trades at all-time >
Looks like they're saying BAC is trading at an all time high. I would assume the spread on JPM credit default protection is wider also...
Yes, time to buy the banks before they are allowed to lie on their ballance sheets! !