A Tick Back Up in European CDS
July 08, 2014
By Uncategorized in
Credit default swaps (CDS)– the insurance against non-payment for fixed income products– have fallen across Europe since reaching highs in 2012:
After the ECB’s early June announcement of extraordinary measures, CDS fell abruptly– but yields have creeped back towards pre-announcement levels in the last couple of weeks (especially in Portugal):
Tags > CDS, credit default swap, Europe