Credit default swap trade spreads data
Author: Avrorka On: 02.06.2017
Credit default swaps opened up important new avenues to speculators. The most common measure of duration is known as Macaulay duration which measures the changes in a bond's price due to changes in interest rates. If Risky Corp's CDS spread had widened by just a couple of basis points over the course of one day, the hedge fund could have entered into an offsetting contract immediately and made a small profit over the life of the two CDS contracts...