Client-driven credit default swaps business dries up in Japan

One dealer in Tokyo said there was a significant lack of client interest in buying and selling credit protection, with trading mainly limited to activity among dealers. Spreads nevertheless tightened across the board. “In the absence of any other factor, Japanese credits are following US and European credit markets, which have done well,” the trader added.

Japanese technology stocks rallied earlier this week following the upturn in US equities in the technology sector, and general market sen

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: