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 ...
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 compensates ...
Spreads on U.S. 5-year credit default swaps closed over 60 basis points on Monday, the highest since the 2009 crisis. With only three weeks till the Treasury runs out of cash, markets are jittery over ...
The insurance cost against a US default hit a fresh high Thursday as lawmakers wrangle over raising the debt ceiling. One-year US government credit default swaps traded at 152 basis points. President ...
Open Lending Corp. recently partnered with Core Specialty Insurance Holdings, enabling Core Specialty to begin providing credit default insurance policies for Open Lending’s Lenders Protection ...
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 ...