Archive for the ‘Index Action’ Category

Western European nation CDS rises past the east

Credit default swaps on western European nations has exceeded that of CDS on central and eastern European, Middle Eastern and African nations for the first time according to the WSJ.

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Mezzanine class of CMBX sees interest

Credit default swap indices on commercial mortgage backed securities (CMBS) were one of the more active CDS indices on a percentage basis over the last month of 2010 – particularly the mezzanine classes.

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No more non-bank credit default tranche trades

It appears that the last 2 remaining non-bank-to-non-bank credit default tranche trades were closed out during the week ended October 15, 2010.

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MCDX Municipal CDS index on the rise

MCDX, the benchmark index of credit defaults swaps referencing 50 different municipal entities ranging from general obligation debt to revenue bonds from municipal authorities has been on a particularly strong rise since April of this year.

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$3 billion increase (and then fall) in European Financial CDS Index

While out of reach from the ordinary retail investor’s realm of choices, we highlight a significant trade that occurred in the iTraxx Europe Senior Financials 8 Index over the last couple weeks that may be of interest to investors in the European banking sector.

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