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Credit Default Swaps Are SURGING, Here's What You Need To Know

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Manage episode 481149289 series 2679639
Content provided by Jeff Snider. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jeff Snider or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

US sovereign CDS prices are soaring, not relenting after jumping during April. While mainstream sources will say that's this dollar-ditching stuff, neither the track record for CDS nor empirical evidence agrees. Government credit default swap premiums are set by one factor, and it has everything to do with the banking system.

Eurodollar University's Money & Macro Analysis

Sovereign and bank CDS spreads: two sides of the same coin?
https://www.ucd.ie/geary/static/publications/workingpapers/gearywp201402.pdf

MSCI The CDS Market’s View on US Default
https://www.msci.com/www/blog-posts/the-cds-market-s-view-on-us/03820087801

Bloomberg Oaktree Co-CEO Sees Private Credit Trades as Low as 50 Cents
https://www.bloomberg.com/news/articles/2025-05-02/oaktree-s-o-leary-says-deep-discounts-arising-in-private-credit

https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU

  continue reading

1075 episodes

Artwork
iconShare
 
Manage episode 481149289 series 2679639
Content provided by Jeff Snider. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jeff Snider or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

US sovereign CDS prices are soaring, not relenting after jumping during April. While mainstream sources will say that's this dollar-ditching stuff, neither the track record for CDS nor empirical evidence agrees. Government credit default swap premiums are set by one factor, and it has everything to do with the banking system.

Eurodollar University's Money & Macro Analysis

Sovereign and bank CDS spreads: two sides of the same coin?
https://www.ucd.ie/geary/static/publications/workingpapers/gearywp201402.pdf

MSCI The CDS Market’s View on US Default
https://www.msci.com/www/blog-posts/the-cds-market-s-view-on-us/03820087801

Bloomberg Oaktree Co-CEO Sees Private Credit Trades as Low as 50 Cents
https://www.bloomberg.com/news/articles/2025-05-02/oaktree-s-o-leary-says-deep-discounts-arising-in-private-credit

https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU

  continue reading

1075 episodes

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