Episode 53
Quick Takes: Most active names in credit derivatives – April 2024
May 21st, 2024
8 mins 26 secs
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About this Episode
In this episode, Amir analyzes data from the SEC's trade repository, highlighting the most active credit default swaps (CDS) for both sovereign and corporate names along with the fluctuating rankings of companies like Goodyear Tire, Royal Caribbean Cruises, TransOcean, and Avis Budget.
Chris adds a macro perspective on U.S. credit ratings, considering potential political impacts and the importance of monitoring CDS activity, especially as elections approach. They also discuss the challenges in CDS price transparency and market structure, including the predominance of bilateral trades over cleared trades.