High yield CDS: A defence against rate rises?
To circumvent the interest rate and the liquidity risks in high yield, Olivier Debat, senior investment specialist, global & absolute return fixed income, at Union Bancaire Privee, looks at if CDS indices are the answer
Growth in the USA was disappointing in the first quarter of 2015 but is set to rebound in the next quarters at a moderate 2.5% annualised pace. In contrast, the eurozone surprised on the upside and eventually...
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