CDS: Adding Fuel To Next Downturn?

Laughlin, Kate
June 2006
Investment Dealers' Digest;6/26/2006, Vol. 72 Issue 25, p12
Trade Publication
The article reports on the risk posed by the growing credit default swap (CDS) market to corporate bond market in the U.S. Investors expect that the corporate bond market, particularly on the credit markets, would suffer a double-digit default rates. However, not all investors believe that the CDS market will collide head on with the high-yield market.


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