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 ...
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 ...
It’s usually not a good sign when obscure financial instruments are making headlines. And that’s the case now as the political standoff over the U.S. government’s debt ceiling puts credit-default ...
Vultures, rats and maggots are often the focus of disgust, less because of anything for which they can be blamed, and more because of the conditions with which they are associated. Death, disease and ...
Credit Suisse's credit default swaps are now trading near their previous highs during the 2008 financial crisis. CDS are derivatives that are essentially insurance for bondholders. Market-moving news ...
Credit Default Swaps have received their share of blame for the financial crisis. American International Group’s CDS business not only brought down the insurer but also nearly toppled the financial ...
A single $5 million trade in credit-default swaps for Deutsche Bank likely sparked last week's stock market decline, Bloomberg reported. Credit-default swaps are an extreme form of insurance against ...
Tresidor Investment Management and Laurion Capital Management have rejected a challenge from Arini Capital Management over the list of bonds that can be used in a forthcoming Ardagh CDS auction, ...
Immediately after the administration announced last week that it would be sending legislation to Congress to regulate derivatives, “experts” in the media started repeating the erroneous statements ...
(Adds analyst comment, bullets, byline, rates table, NEW YORK dateline; updates prices) * U.S. durables rise in August, briefly boost yields * U.S. one-year CDS hits widest since June 1 * U.S. yield ...