When it comes to the subprime mortgage crisis ... described as credit arbitrage. It involves purchasing subprime bonds on credit and hedging the positions with credit default swaps.
The regulator said in a circular that this flexibility to participate in CDS would serve as an additional investment product ...
The failure of Country Garden Holdings to pay a bond coupon has prompted an investor to start pushing for a payout on derivative financial contracts known as credit default swaps (CDS) linked to ...
For example, those numbers went way up during the financial crisis. They went up again during COVID-19. But they're back down at very low levels. That tells you that credit markets are bullish in that ...
Leverage amplifies risks and rewards. Strong fundamentals can mitigate high leverage risks. Mispricing exists in REITs.
Michael Burry, originally a medical student, gained prominence by accurately predicting and profiting from the housing crisis during ... but the credit default swaps he used to short the housing ...
As monetary policy works its way through various economies reducing final demand it has, by design, the dual outcomes of ...
Swiss financial market regulator FINMA ordered an audit into Credit Suisse's handling of events leading to its demise in 2023 ...
They would thus demand ever-higher rates of interest on debt. Eventually, the merry-go-round would grind to a halt, triggering a crisis the likes of which the U.S. has never faced.
India’s biggest state-owned bank agreed to lend another $50mn to the Maldives, India’s high commission in the country said in a statement late on Thursday, days before the archipelago is due to pay a ...
and marked the first loss on a AAA-rated bond since the 2008 financial crisis. Credit rating agencies S&P and DBRS Morningstar downgraded the top-rated AAA tranche of a commercial mortgage-backed ...
Beyond the dissatisfaction with government responses to inflation and economic crises, which emerged notably after the global financial crisis, they reflect a limited distrust of traditional ...