Sovereign-debt CDS purchases are up more than 14% since October

01/27/2010 | Bloomberg

Government-debt buyers are purchasing credit default swaps to protect themselves against sovereign-debt default at a rate more than five times that of corporate bonds. Data from Depository Trust & Clearing show that net CDS coverage outstanding on the debt of 54 countries has soared 14.2% since Oct. 9.

View Full Article in:


Published in Brief: