And lowish credit-default-swap spreads on banks such as Deutsche Bank and Credit Suisse partly reflect the assurance of government help if needed.
In September, when the credit crisis struck, no one wanted to own a credit default swap.
The higher the cost of a credit default swap, the higher the implied risk.
Widening spreads in the credit default swap market indicate heightened concern about default.
Greenberg superimposed the credit default swap guarantee business on a sound insurance underwriter.
Perhaps those memories are weighing on the minds of credit default swap traders.
There is a close correlation between yield spreads and credit default swap prices.
The, The cost incurred to buy Credit Default Swap protection on corporate bonds from climbed to the highest level this month.
More worrisome is the potential for that action to trigger a real problems in the credit default swap market, causing true chaos.
Judging by the credit default swap spreads on Italy, Spain, Greece, Portugal and now government bonds in France, the risks to bondholders is growing.
The problem with America's economy is that the last bubble, the "home-mortgage, derivative, credit default swap bubble" popped, as all economic bubbles eventually do.
And even if bankers are pariahs, the prize doesn't come with any strings there's no requirement to pen odes to mammon (hmm, what rhymes with credit default swap?).
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Portugal may be the best bet (no pun intended) based on credit default swap rates, and that certainly is consistent with the current speculation about an official bailout.
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In line with the cash share price tumble the Credit Default Swap on BP broke higher by 20 basis points 10 trade at 103bps over 3 month LIBOR.
With several European Union countries opposing extending additional bailout money to Greece, credit default swap markets indicated a strong likelihood of default there and in other heavily indebted countries.
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These large cap stocks have dividend yields greater than the average yield on 10-year corporate paper, and 5-year credit default swap spreads tighter than that of 5-year U.S. debt.
You know, New York Attorney General Andrew Cuomo has joined forces with local and federal law enforcement to see if there is something amiss in the credit default swap business.
Imagine if rather than developing the next CDO or Credit Default Swap instrument, they developed a model that optimized health rather than devastated the economy with financial instruments few can understand.
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Cuomo has opened a number of investigations into Wall Street, including the auction-rate probes, which continue, as well as activities in the credit default swap market and other signs of alleged fraud.
Instead, investors should seek more timely measures of sovereign risk, preferably through price signals from competitive debt and credit default swap markets, and whenever those are unavailable, from more objective and transparent models.
The schemes Blago allegedly invented to "monetize" his public authority, while never rising to the sophistication of, say, a credit default swap, still showed a cunning that would command the respect of any Wall Street Ponzi master.
Credit default swap spreads have widened out to record levels this week, while Italian and Spanish bond yields have risen, as worries are keener that the EU debt problems could morph into a debt contagion in Europe or beyond.
During the financial crisis, the credit default swap (CDS) market, a part of the OTC derivatives market, took center stage as difficulties in financial markets began to intensify and the counterparty risk involved in a largely bilaterally cleared market became apparent.
Emails have surfaced in the last few days that show the New York Fed, and its outside counsel, engaged in a concerted effort to keep details about the federal AIG bailout hidden from the public, most controversial of which was the agreement to repay credit default swap counterparties in full without really trying to negotiate.
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Some suggest replacing corporate and sovereign ratings with credit-default-swap prices, but these too can be procyclical.
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He decided to short the mortgage market, using a financial tool known as the credit-default swap, or C.
Credit-default-swap spreads on European bank bonds are in almost all cases higher for banks that have less capital.
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On Tuesday, CME Group and Citadel announced they would be creating an electronic trading platform for credit-default-swap contracts.
Iceland's deficit and debt levels, and its credit-default swap spreads (a sign of investor confidence), look healthier than Ireland's.
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