US Credit Default Swaps Flash Default Warning and Speculators Rush In

Category:Cross-Border
Updated:2023-05-25
News8

"The instruments are ... unusually attractive to buyers because the cost of the bonds that would be delivered into a default-triggered settlement auction have plunged in value over the last year," said Karl Schamotta, chief market strategist at Corpay.

Read the US News article here.

Cross-Border
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