Credit default swaps (CDSs) provide protection for investors in the event that the borrower defaults on their debt or loan. They can play a pivotal part in financial and investment industries, as they ...

The biggest Wall Street story most Americans haven’t yet heard of is the $62 trillion unregulated credit default swaps market. Here is one scenario: A hedge fund buys insurance in case a company ...

Market regulators agreed yesterday to collaborate on the oversight of credit default swaps, the insurance-like derivative contracts that got American International Group into trouble, and said that at ...

Only 7% of LAist readers currently donate to fund our journalism. Help raise that number, so our nonprofit newsroom stays strong in the face of federal cuts. Donate now. If bad mortgages got the ...

Hedge funds with an insatiable demand for high-yield debt are spawning a new market for loan derivatives in a record year for lending to companies with junk ratings. Credit-default swaps based on ...

Few Americans have heard of credit default swaps, arcane financial instruments invented by Wall Street about a decade ago. But if the economy keeps slowing, credit default swaps may become a household ...

Investors are getting nervous the U.S. government might struggle to pay its debt — and they are snapping up insurance in case it defaults. The cost of insuring exposure to U.S. government debt has ...

Oct. 28 (Bloomberg) -- Confidence in the credit-default swaps market may be undermined by the European Union's plan to resolve the euro region's sovereign debt crisis. The EU said yesterday that it ...

As Bear Stearns careened toward its eventual fire sale to JPMorgan Chase last weekend, the cost of protecting its debt, through an instrument called a credit default swap, began to rise rapidly as ...

Oct. 28 (Bloomberg) -- Confidence in the credit-default swaps market may be undermined by the European Union's plan to resolve the euro region's sovereign debt crisis. The EU said yesterday that it ...