Short for credit default swap. triggering the CDS might even help Europe reduce the risk of contagion in the months ahead [as modifier]: the lack of transparency in the CDS market has been harmful
More example sentences
- Everything became a "crowded trade" - from equities, to junk, to converts, to CDS, to MBS, to manic homebuying.
- Corporate bond spreads generally widened slightly, with auto bond and CDS spreads moderately wider this week.
- In a disturbing new trend, international banks are creating syndicated credit facilities that "weaponise" credit default swaps (CDS) by using the trading price of a borrower's CDS to set the interest rate paid by the borrower.
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