Recent
Rumours still persist though HBOS' volatility wanes
European indices edge back wider
Last Tuesday, 22 July 2008
Indices tighten back despite volatile single names
Counterparty risk stabilises after volatile week, says CDR
Poor bank performance looms over iTraxx indices
Closing credit index tranche levels
Last Monday, 21 July 2008
Retailers see some protection sellers but spreads still historically wide
Profit taking seen in autos ahead of earnings
iTraxx indices get a lift from BoA results
Sherwin Williams' short term debt load could hurt firm, says Credit Suisse
17 July 2008
Distressed traders pore over SIV bid list
16 July 2008
Invensys gaps wider as credit line keeps CDS in play
15 July 2008
Washington Mutual extends further in CDS
iTraxx indices gap out in another sign of nervous markets
14 July 2008
Washington Mutual approaching distressed levels
Fannie and Freddie senior and subordinate basis takes a dive
Baird CDS index of non-investment grade firms points to heightened risk
Continental is latest M&A name affecting CDS
CDR sees opportunities to trade breakdown in equity correlation relationships
GSE and M&A news stokes credit rally
10 July 2008
Flat CDX close masks strong intraday volatility, say traders
Short correlation positions covered in CDX IG tranches
Lehman CDS recovers somewhat amid Pimco affirmation
Worsening paper company credit spreads assist Crossover widening
SEC changes should highlight stability of CMBS and consumer ABS, says Citi
Europe's rally hits reverse
9 July 2008
CDX indices snap back wider
Latest base correlation
Dealer looks to liquidate CDO and ABS positions
Financials lead credit index rally
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News
Bank reports sharp drop in new write-downs
New long-short credit fund launched, reports Hedge Funds Review
Eurex announces plan for European central counterparty
SQX selects PF2 for CDO evaluations
Wachovia reports $6.1 billion in writedowns with $565 million market losses tied to CDOs
Top stories [more...]
People
London manager continues to grow team
Manager hires bank tranche trader
Primus hires legal head
Bank moves head of CDO trustee sales
Former European credit trading head departs bank
Who’s on the move [more...]
Deals
Deerfield takes over Robeco CDO
Bank failure threatens trups CDO liabilities, finds JP Morgan research
S&P places 57 US CDOs on watch negative
Prudential Financial announces role on new balance sheet CLO
SIV auction resulted in average 44% price, says Financial Times
New deals and the pipeline [more...]