Deriving credit for change

credit risk

In recent months, investors and the media have both raised concerns about the state of the credit market and potentially increased levels of risk developing within the financial system. Commentary has centred on several important issues:nTight credit spreadsnSystematic concerns regarding the use of new credit derivative instruments including credit default swaps (CDS) and structured creditnMore leverage in credit marketsnNew, untested investors in credit.All of these issues are valid, and an