Five-year senior credit default swap (CDS) spreads referencing the US reached a record 100 basis points at 2:15pm London time today, out from 99.4bp at the close of New York trading yesterday, according to data from credit information specialist CMA Datavision.
A number of US firms are reported to be seeking billions of dollars in government aid. Troubled insurance giant AIG, expected to announce huge fourth-quarter losses next week, might require a significant top up to the $150 billion it recei
The week on Risk.net, October 6-12, 2017Receive this by email
- SGX, HKEX expect to be among first wave of Mifid II equivalence
- Quantile, TriOptima face off in cleared swaps compression battle
- Leaked EU doc could shield legacy swaps from clearing grab
- ABS set for revival under US Treasury’s liquidity buffer plans
- Quants stymied by lack of alternative risk premia flows data