Single-name CDS edges wider ahead of the roll
Investors are said to be getting rid of any unwanted CDS positions, pushing spreads on high beta names and financials wider

Patient CDS holders could be rewarded as Norske Skog spreads blow out
Not all CDS buyers took part in Norske Skog's default last year, and the strategy appears to have paid off  

Not liquid enough: Avaya's CDS deemed not worth an auction
Communications company's CDS isn't traded enough to warrant an auction

Forget the Dow's milestone, look at subordinated financials
The iTraxx subordinated financials index breaks dipped below 200bp yesterday

SocGen research defends bold "Crossover at 700bp by July" call
Societe Generale's 2017 outlook published in November 2016, made the bold claim that the iTraxx Crossover index could be trading at over 700 basis points by the end of June this year. A recent research note from the bank defends this claim

Brexit means CDS arbitrage, finds Societe Generale
With UK apparently on the path to a ‘hard brexit’ French bank’s research desk highlights CDS protection buys 

SocGen urges overweighting US credit as investors pile into longs
Societe Generale research argues for US credit over European and emerging markets

Unusual iHeart move draws CDS credit event questions
US radio operator iHeart Communications has taken an unusual step of leaving certain bonds, which it owns, outstanding on the maturity date today

Sovereigns edge wider as ECB looks to slow its purchasing programme
Mario Draghi has pulled off the impossible and managed to appease almost everyone by adjusting the European Central Bank’s asset purchase programme

Monte leads tightening ahead of central bank announcement
Italian bank's credit rallies as it asks for more time to fix up balance sheet 

Credit markets take Italian referendum in their stride
Credit markets reacted with calm on Monday morning following news of Matteo Renzi’s resignation as Italian prime minister

French fries producer's CDS holders get their contracts thin-cut
Holders of credit default swap contracts on Conagra Brands saw their contracts get split earlier this month after the company’s french fries division Lamb Weston span out

CDS market steers clear of Monte Dei Paschi despite restructuring
Italian lender gets shareholder approval for debt-for-equity swap and capital raise 

Monte dei Paschi’s plans give financial credit a boost
Italian bank outperforms as financials rally

European credit widens as global rate moves take centre stage
Big swings in the rates market have been driving moves wider in credit, say buy-side sources

Credit markets stay calm after Trump wins US election
Incoming US president Donald Trump recently directed himself to "be nice and cool, nice and calm. Stay on point." It seems as though the credit markets are doing likewise

Retail funds suffer huge withdrawals as high yield spreads inch wider
High yield ETFs are the latest to see record withdrawals as high yield markets halt