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20 results found Showing page 1 of 1
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Cash-CDS basis falls, says Markit, while investors cut index longs
7 years ago
US indices saw their buy side long positioning decline, as did the cash bond basis -
CDS investors look to Asia to revive sovereign basis trading
8 years ago
Opportunities open up in Asian sovereigns for positive basis trades -
CDS buyers have whale of a time with basis trade
8 years ago
Several credit hedge funds are said to have profited late last year from going short the major credit indices while going long single name CDS -
Heavy IG bond supply sends index skew back to earth
8 years ago
Huge supply in the US corporate bond market drove a key credit index metric sharply tighter yesterday as the skew between the CDX NA IG and its constituents compressed dramatically -
Credit investors switch strategies as basis flips
9 years ago
Investors dump high yield CDS but move into investment grade -
European CDS underperform bonds as US CDS tightens
9 years ago
European investment grade credit default swaps have underperformed bonds in recent sessions, while US investment grade CDS have outperformed, leading to a widening of the 'basis spread' between the two markets to the most in a year. -
Cash high yield outperforms CDX NA HY by 2.2% on average
9 years ago
Barclays analysis the make-up of the differential between CDX NA HY and high yield bonds -
iTraxx Crossover basis trade is over, says fund manager
9 years ago
Hellebore's DataGrapple service says basis has normalised for European high yield credit -
Fiat offers record negative basis opportunity, says BNP Paribas
9 years ago
The cost of shorter-dated default protection on Italian car maker Fiat has fallen significantly below the price of the company's bonds, offering a negative basis trading opportunity -
European IG basis hits record tight as US goes the other way
9 years ago
The average basis in European investment grade credit was at its tightest level in more than a year in recent trading -
European basis reaches six-month high as blackout hits issuance
9 years ago
Cash continued its recent outperformance against CDS in recent sessions in Europe, amid anaemic supply as companies held back on issuing new bonds around the quarterly earnings period. -
Investors put on option hedges as cash credit widens relative to CDS
10 years ago
Real money investors and some hedge funds have taken options positions to hedge against a widening in synthetic spreads -
European high yield basis turns negative as record supply hits cash spreads
10 years ago
Issuance in European high yield has sent cash yields wider than credit default swaps -
Euro financials basis falls as dealers left long
10 years ago
European financial bonds underperformed equivalent credit default swaps in recent sessions -
Cyclicals lead basis wider says BNP Paribas as CDS buyers return
10 years ago
The CDS-bond basis jumps wider as investors look to protect themselves against falling prices in underlying bonds -
Hedge funds dig deep into docs for new basis plays
10 years ago
European hedge funds are increasingly using legal expertise to source underpriced deliverables -
Financials push positive CDS-Bond basis wider in March
11 years ago
Events in Cyprus push positive basis between CDS and bonds wider according to Markit -
Fund outflows push cash-CDS basis wider
11 years ago
European investors withdrew money from high yield bond funds in February for the first time in nearly a year -
Looming ‘naked’ ban hits protection buyers
11 years ago
Buyers of default protection on European sovereign bonds have taken a hit as they exit positions ahead of a ban on “naked” trading on 1 November -
Credit investors scramble to unwind shorts as basis tightens
11 years ago
European real money investors scrambled to unwind short positions in the CDS markets in recent days, as a narrowing basis to underlying bonds left protection positions out of the money.
20 results found Showing page 1 of 1
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