Credit default swap index positions often represent a large notional exposure, and while they have not added materially to its overall spread risk, these stakes introduce basis risk to the portfolio.

Carl Icahn’s private hedge fund cut its losses in the third quarter. But it remains in the red.

An index of credit default swaps in the European financial sector, the cost of insuring against default on “junior” bank debt and effectively a measure of counterparty risk and stress in the ...

The managers also used high-yield index credit default swap baskets to reduce overall credit risks in the portfolio. While the managers dialed back credit risks, they accepted more interest-rate risk.

Find insight on Banca Monte dei Paschi di Siena, DBS and more in the latest Market Talks covering financial services.

You could argue that life revolves around economics: it’s an endless series of choices and tradeoffs. Due to opportunity cost, you can’t have everything that you want. What you can do, however, is ...

The market is in good shape for issuance. The iTraxx Europe Main index of investment grade credit default swaps opened at ...

A technical acceleration kicked in after the index lost support around 4800. Widening interest rate differentials (European ...

The Markit CDX North American High Yield Index, which rises as perceived credit risk declines, reached nearly 108 on Wednesday, its highest level since January 2022. Measures of credit risk in ...

ICE Swap Trade offers trading of two asset classes: credit default swap (CDS) execution is available on an anonymous, all-to-all central limit order book as well as other execution methods. ICE also ...

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