Tuesday, April 21, 2009

Credit Default Swaps market update

US Credit Default Swaps Little Changed, CDX Trading Shows (Bloomberg.com)

Watch out for this for the market direction in general, and financial stocks in particular (C, BAC).

That's where the heavy betting by big traders seems to be: CDS market.

They are speculating on the company's ability to repay its debt (or the government's willingness to protect the debt holders). Some people believe this was what caused the crash in financial stocks last year, and that's what they are doing now again.

1 comments:

Dorothy said...

Dear webmaster,

This is Dorothy Parker, a webmaster of some financial sites and blogs. While visiting your site. I found it very relevant and authentic for my visitors. Your website is providing genuine and quality information for visitors from search engine point of view. I want you to be my link partner. I am ready to add your link from the internal pages of my sites having quality information and very high traffic. I can promise you that your link will never be removed from my website.

If you are interested then please revert back to me ASAP. If you are not the concerned person then would request to kindly forward the mail to the respective person.
Waiting for your quick and positive reply to come.

Have a great day.

Thanks and regards
Dorothy
Contact:dorothy786@gmail.com

N.B: -- This message contains personal, privileged, and confidential information and is intended only for the individual named. If you are not the named addressee, you are NOTIFIED not to disseminate, distribute, re-transmit, copy, or utilize this e-mail, and contents herein. Please notify the sender immediately by return email if you have received this e-mail by mistake. You are FURTHER NOTIFIED to delete this e-mail and any attachments, as well as any copies made thereof, from your computer system(s). The sender does not accept liability for any errors or omissions in the contents of this message and unless explicitly stated otherwise, does not intend to give legal advice or enter in an attorney-client relationship.

Post a Comment