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 ...

1002 GMT – The cost of insuring euro-denominated credit against default using credit default swaps rises on reduced appetite for risk after the U.S. Federal Reserve on Wednesday cut interest ...

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 ...