Analysis: Curbs on speculators could have unintended results

03/15/2010 | Wall Street Journal, The

Some European policymakers are pushing for a ban on speculative trading in credit default swaps, but such a ban likely would result in unintended consequences, including declining stock prices and higher bond yields. Blaming the CDS market for reflecting an increase in government risk is not a credible stance, according to this Wall Street Journal analysis.

View Full Article in:

Wall Street Journal, The

Published in Brief: