Credit default swaps (CDSs) provide protection for investors in the event that the borrower defaults on their debt or loan. They can play a pivotal part in financial and investment industries, as they ...

The biggest Wall Street story most Americans haven’t yet heard of is the $62 trillion unregulated credit default swaps market. Here is one scenario: A hedge fund buys insurance in case a company ...

Market regulators agreed yesterday to collaborate on the oversight of credit default swaps, the insurance-like derivative contracts that got American International Group into trouble, and said that at ...

It's a fair guess that a couple of months ago, few people outside the financial world had even heard the words "credit default swaps." But now the obscure and unregulated financial instruments are ...

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Hedge funds with an insatiable demand for high-yield debt are spawning a new market for loan derivatives in a record year for lending to companies with junk ratings. Credit-default swaps based on ...

Vultures, rats and maggots are often the focus of disgust, less because of anything for which they can be blamed, and more because of the conditions with which they are associated. Death, disease and ...

Oct. 28 (Bloomberg) -- Confidence in the credit-default swaps market may be undermined by the European Union's plan to resolve the euro region's sovereign debt crisis. The EU said yesterday that it ...

Spreads on U.S. government credit default swaps, market-based gauges of the risk of a sovereign default, have ticked higher amid market concerns over the U.S. government shutdown.

As Bear Stearns careened toward its eventual fire sale to JPMorgan Chase last weekend, the cost of protecting its debt, through an instrument called a credit default swap, began to rise rapidly as ...

Oct. 28 (Bloomberg) -- Confidence in the credit-default swaps market may be undermined by the European Union's plan to resolve the euro region's sovereign debt crisis. The EU said yesterday that it ...