The Faces of CDS Buyers

Hanson, Matthew; Posner, Matthew
August 2007
Bond Buyer;8/17/2007, Vol. 361 Issue 32694, p1
Trade Publication
The article reports on the interest shown by investors in municipal credit default swap (CDS) in the U.S. CDS is believed to have brought a new wave of hedge funds into the CDS market. It provides investors a way to offset their credit concentration in a market where selling out of a position quickly can be challenging. Hedge funds have been one of the big factors driving CDS growth.


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