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Credit default swaps

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  • Tuesday, 28 March, 2023
    Top ECB official claims CDS market ‘contaminates’ bank stocks and deposit flows

    Sharp moves in thinly-traded credit insurance needs scrutiny, Andrea Enria says

    1 hour ago
  • Saturday, 18 March, 2023
    Credit Suisse Group AG
    Cost of insuring Credit Suisse debt dwarfs that of other banks

    The price of Swiss lender’s credit default swaps climbs to record high this week

  • Wednesday, 8 March, 2023
    Capital markets
    Does Treasury bedlam beckon?

    CDS market is starting to get the jitters

  • Tuesday, 8 November, 2022
    Hedge funds
    Big hedge funds shop for bargains in corporate debt markets

    Some managers say bond prices have fallen too far relative to the risk of default

  • Tuesday, 1 November, 2022
    Corporate bonds
    The surprisingly chilled bear market — credit edition

    Even CDS indices indicate little serious stress

  • Thursday, 13 October, 2022
    Introducing a eurozone perpetual anxiety index

    There’s no clear reason to worry, so start worrying

  • Monday, 3 October, 2022
    Credit Suisse Group AG
    Credit Suisse CDS hit record high as shares tumble

    Swiss bank fails to calm concerns as cost of buying its credit default swaps soars

  • Wednesday, 1 June, 2022
    Russian business & finance
    Russia’s ‘failure to pay’ bond interest triggers credit default swaps

    International derivatives panel’s decision paves way for $2.5bn of payouts on insurance-like contracts

  • Wednesday, 9 March, 2022
    Pimco
    Pimco stands to lose billions if Russia defaults on its debt

    Fund manager exposed to derivatives bet of at least $1.1bn and holds $1.5bn of sovereign bonds

  • Sunday, 6 March, 2022
    Investors fret over default protection for Russian bonds

    Debt has collapsed in value but sanctions mean insurance-like products may not pay out

  • Monday, 28 February, 2022
    Sovereign bonds
    Russian bonds tumble as new sanctions trigger default fears

    Cost to protect against default rises as western allies seek to cut Moscow’s access to foreign markets

  • Monday, 17 January, 2022
    Lex
    CDSs/SEC: easier to spotlight wheezes than stop them Premium content

    Legal threat will probably have intended chilling effect on the most aggressive hedge funds

  • Thursday, 14 January, 2021
    Europcar debt investors left empty-handed after CDS ‘squeeze’

    Derivatives designed to insure against default prove worthless

  • Tuesday, 8 December, 2020
    Airlines
    Investors see lower risk of default by US airlines

    Credit default swap prices tumble as lawmakers discuss aid package and vaccine nears

  • Thursday, 8 October, 2020
    Vatican
    Vatican used charity funds to bet on Hertz credit derivatives

    ‘Gambling’ bets placed under watch of Cardinal Becciu, who was forced to resign last month

  • Thursday, 6 August, 2020
    News in-depthESG investing
    Slow start for CDS index reveals challenge for sustainable investment

    Market participants report just a handful of early trades in index designed to hedge exposures

  • Tuesday, 23 June, 2020
    Markets InsightRobert Smith
    Credit defaults are soon to sweep across Europe, like the US

    Central bank stimulus cannot defy the financial laws of gravity governing defaults

  • Friday, 27 March, 2020
    Bill Ackman
    Ackman defends motives over ‘hell is coming’ comments 

    Investor denies CNBC interview was designed to increase profits on his $2.6bn credit bet

  • Friday, 13 March, 2020
    Cost of US corporate default protection soars

    Investors race to protect themselves as coronavirus threatens companies’ creditworthiness

  • Friday, 6 March, 2020
    Corporate bonds
    Corporate debt markets fret over coronavirus effects

    Perceived risk of a wave of defaults rushes higher

  • Wednesday, 19 February, 2020
    Cost of corporate debt protection sinks to post-crisis low

    Investors are assured that dovish central banks will keep money flowing freely

  • Friday, 27 September, 2019
    Tail RiskRobert Smith
    Thomas Cook’s collapse shows perils of debt derivatives

    Credit default swaps added angst to fraught attempts to rescue UK travel group

  • Monday, 16 September, 2019
    Tail RiskRobert Smith
    Why bondholders could struggle to check out of Thomas Cook

    Restructuring of UK-based tour operator is complicated by debt derivatives

  • Monday, 12 August, 2019
    Lex
    Credit default swaps: turnabout is fair play Premium content

    A better solution might lie in regulation, imperfect as this often is

  • Tuesday, 2 July, 2019
    ESG investing
    Study finds link between sovereign debt risk and ESG score

    Countries that perform well on ESG metrics are viewed by investors as less likely to default

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