0833 GMT – The cost of insuring euro credit against default using credit default swaps falls as sentiment improves following better-than-expected earnings from Microsoft and Meta on Wednesday.

As an aside, while interest rate swaps help manage interest rate risk, Credit Default Swaps (CDS), a topic for another article, help banks and others manage credit risk. With an appreciation for ...

NEW YORK, May 9 (Reuters) - The cost of insuring exposure to U.S. government debt has climbed noticeably over the past month and remains stubbornly high, as jittery investors brace for a looming U ...

JOHANNESBURG, May 8 (Reuters) - Gabon's recent swap of regional market bonds and bills did not amount to a distressed debt exchange, which means the country avoided a default, rating company Fitch ...

Spreads on U.S. credit default swaps (CDS) - market-based gauges of the risk of a sovereign default - widened to their highest since the debt ceiling crisis of 2023 in recent weeks. The size of ...

As of Monday, the U.S. Department of Education is restarting "involuntary collections" on federal student loans that are in default, which may seriously damage the credit scores of millions of ...

The Big Short was a hit 2015 movie featuring Christian Bale as Michael Burry, the hedge fund manager who essentially created the credit default swap market for subprime mortgages. Burry based his ...