Credit default swaps (CDSs) provide protection for investors in the event that the borrower defaults on their debt or loan. They can play a pivotal part in financial and investment industries, as they ...
The biggest Wall Street story most Americans haven’t yet heard of is the $62 trillion unregulated credit default swaps market. Here is one scenario: A hedge fund buys insurance in case a company ...
Discover how the Credit Default Swap Index (CDX) tracks corporate credit risks, offering investors tools for diversification and hedging within North American and emerging markets.
This article provides evidence that firm value declines when credit default swaps (CDSs) are initiated and that the effect is greater when CDS trading activity is higher. This decline, which arises ...
LONDON (Citywire) - Asset management houses may increasingly piggy-back on their hedge fund arms during volatile markets to protect their corporate bond funds with credit default swaps (CDSs). A CDS ...
Investors are getting nervous the U.S. government might struggle to pay its debt — and they are snapping up insurance in case it defaults. Stream Los Angeles News for free, 24/7, wherever you are. The ...
Oct. 27 (Bloomberg) -- The European Union's agreement with banks for a voluntary 50 percent writedown on their Greek bond holdings means $3.7 billion of debt-insurance contracts won't be triggered, ...
As Bear Stearns careened toward its eventual fire sale to JPMorgan Chase last weekend, the cost of protecting its debt, through an instrument called a credit default swap, began to rise rapidly as ...