Analysis and market intelligence on fixed income, forex and equities in Asia, EMEA and Latin America

Economy / Argentina

Making Sense Of CDS Movements

September 2008 | Market Strategy
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Global credit default swap (CDS) markets are experiencing an unprecedented re-pricing process. Under phenomenal stress from US financial market fissures, the unwinding of risk and re-hedging of positions has overwhelmed credit markets across EM, and Latin America is proving no exception. While it is too early to fully assess the impact of the US