Commentary: CDS market could be worth watching

Questions have surfaced about whether the credit default swaps market is an accurate reflection of companies' and countries' financial health. Some industry insiders, such as Art Cashin of UBS Financial, suggested that the CDS market might be misleading. However, "there are a few signs that the CDS market -- as has happened several times in recent history, despite febrile denunciations of it -- has got it right," columnist Simon Boughey writes.

View Full Article in:

Financial News Online (U.K.) (subscription required)

Published in Brief: