Search results
8 results found Showing page 1 of 1
Refine Search
Article Categories
Strategy Tags
- Direct lending (1)
- High yield bonds (7)
- Investment grade credit (remove)
- Structured credit (1)
- CLO (2)
- Distressed debt (2)
- Leveraged loans (1)
- Synthetic/SRT (8)
Geography Tags
-
Europe vs US arb hits resistance as dislocation becomes more extreme
1 year ago
Recession fears have pushed several different asset classes to key psychological levels, while leaving European and US credit markets at a high level of dislocation -
It's all relative: CDX HY touches record tights but junior US CLO tranches leak wider
2 years ago
Credit spreads are marching tighter, but someone forgot to tell the CLO market. European and US CDS spreads have moved in step with each other for the most part with investment grade and high yield tightening 4-6% in the last week, whereas CLOs have been losing ground -
It's all relative: CLOs march tighter as macro traders open positive CDS skews
3 years ago
Credit default swaps are back near where they started the year after giving up their early-February gains amid a rise in government bonds. CDS curves steepened over the past month and macro hedging has left indices trading with positive skews. But CLOs paint a calmer picture in which spreads have inched tighter -
Crossover and senior financials lead widening on coronavirus uptick
4 years ago
iTraxx Senior Financial and Crossover credits are taking the brunt of a move wider today, along with slumping stock markets, as fears about the spread of novel coronavirus took another turn upwards -
UK financials push wider following Irish election surprise
4 years ago
UK and Italian financials are the weakest part of the credit market today, against an otherwise flattish backdrop, with the Irish general election result adding to concerns about how Brexit negotiations will fare this year -
Roll week leaves CDS in strange places
4 years ago
CDS traders navigate a much-changed landscape in October, after one of the most impactful index rolls in recent times. -
Political risk puts December in focus as CDS investors play index volatility
4 years ago
Selling implied volatility has been prominent among CDS investors since last month’s iTraxx and CDX index rolls, says BNP Paribas in a research piece, with December a popular point of focus for trades -
Index tranche levels spike as investors advance into equity
5 years ago
Trading of credit index tranches is picking up, with some $61 billion worth changing hands in the space during the first quarter, according to data from the Depository Trust & Clearing Corporation
8 results found Showing page 1 of 1
Want all the latest news, comment, analysis and data?