Credit default swaps (CDS) provide insurance against the default of a debt issuer. With a CDS, the buyer pays a premium to a seller for this protection. If the issuer defaults, the seller ...

From their birth in the aftermath of the Exxon Valdez oil spill to the unregulated chaos of the 2008 financial crisis, credit default swaps (CDSs) have played a major role in helping financial ...

European credit markets are trading at a premium to the US for the first time in more than three years as investors have scooped up European corporate bonds and dumped US debt following a stark ...

Credit derivatives also reflected growing investor concern about retailers and airlines. Five-year credit default swaps on ...

We examine the relationship between carbon emissions and the market perception of firms' default risk measured by corporate credit default swap (CDS) spreads in Japan. While corporate revenue size is ...

What was the utility of the credit default swap in that case? Well, the basic concept or the original driver of credit derivatives was for banks to be able to transfer credit risk off of their ...