The cost of Qatar government debt default insurance falls to pre-war levels

```htmlGolden Ten Data reported on May 7 that the cost of Qatar's government debt default insurance has dropped to levels seen before the outbreak of the Middle East conflict. The market holds an optimistic attitude towards a possible agreement between the US and Iran and the potential end of the conflict in the Middle East, thus improving risk appetite. According to S&P Global Market Intelligence data, Qatar's five-year sovereign credit default swap (CDS) fell to 32 basis points, the lowest level since the outbreak of the Middle East war.```