Showing posts with label CDS. Show all posts
Showing posts with label CDS. Show all posts
Sunday, May 8, 2016

8/5/16: Leverage and Management: Twin Risks or Separate Risks?

›
A new paper “ How Management Risk Affects Corporate Debt ” by Yihui Pan, Tracy Yue Wang, and Michael S. Weisbach (NBER Working Paper No. 2...
Monday, March 14, 2016

14/3/2016: Foreign Investors, Sovereign Risks & Regulatory Clowns

›
Over 2012-2013, sovereign and corporate bonds markets started showing sigs of QE-related fatigue within the system, most commonly associat...
Thursday, December 17, 2015

17/12/15: Re-aligning Ruble with Oil: Fed Hiccup...

›
Two casualties of the Fed's rate jitter: Oil & Ruble Source: @Schuldensuehner  Ruble is now nearing August 2015 lows on a co...
Friday, June 12, 2015

12/6/15: Ukraine Debt Haircuts

›
Important article today in the FT on the issue of write downs on Ukrainian debt: http://www.ft.com/intl/cms/s/0/949628a4-102a-11e5-bd70-00...
Friday, May 15, 2015

15/5/15: Greece on a Wild Rollercoaster Ride

›
Greece has become a BitCoin of Europe in terms of volatility, and, man, things are soaring and crashing on a daily basis now. Here are thr...
Monday, January 26, 2015

26/1/15: Markets v Greece: Too Cool for School... for now

›
There is much talk about the impact (or rather lack thereof) of Greek elections on the markets. In fact, the euro continued to price in ...
Friday, January 16, 2015

16/1/2015: S&P Capital IQ Global Sovereign Debt Report: Q4 2014

›
S&P Capital IQ’s Global Sovereign Debt Report is out for Q4 2014, with some interesting, albeit already known trends. Still, a good su...
Tuesday, December 16, 2014

16/12/2014: The Surreal Takes Hold of Kiev and Moscow...

›
While all of us are watching the Ruble crash , there is an ongoing collapse in Ukraine:  http://www.nakedcapitalism.com/2014/12/imf-world-...
1 comment:
Monday, December 15, 2014

15/12/2014: Russia & Ukraine CDS Hitting Major Highs

›
Both Russian and Ukrainian CDS are going hyperbolic:
Wednesday, December 10, 2014

10/12/2014: Ukraine & Greece CDS Flash Red... again...

›
It's another 'Oh dear' moment for Greece as the country slides into another political mess: And still, with CDS widenin...
Sunday, June 29, 2014

29/6/2014: What a Difference a Year of ECB Activism Makes...

›
Mapping decline in CDS and implied probabilities of default for Euro area 'peripherals' over the last 12 months: Largest decli...

29/6/2014: Mid-Summer CDS Dreams: Ukraine v Russia

›
One of these countries has a brand new Association Agreement with the EU... and a fresh probability of sovereign default of 41%... another...
Thursday, March 6, 2014

6/3/2014: A 'New Normal' of Ireland's economy

›
This is an unedited version of my Sunday Times article from February 23, 2014. Jobs, domestic investment, exports-led recovery and sus...
1 comment:
Wednesday, January 22, 2014

22/1/2014: 2013 - A Kinder Year for Peripheral CDS...

›
2013 was a kind year for Irish CDS... but it was an even kinder one for CDS of the countries from which, allegedly, Ireland decoupled, e.g....
Sunday, January 5, 2014

5/1/2013: Euro periphery in CDS markets: 2013

›
One of the core improvements in the Irish economic conditions over 2012-2013 period relates to the decline in Government bonds yields and ...
Sunday, October 27, 2013

27/10/2013: Irish CDS spreads: a reason to smile for a change...

›
It might be disheartening sometimes (often) to read the newsflow involving Irish economy. But occasionally, there are some really worthy de...
Wednesday, July 24, 2013

24/7/2013: Q2 2013 CDS report: spotlight on Irish CDS performance

›
CMA published Q2 2013 report on CDS markets. Here's the top 30 table of riskiest sovereigns (ranked by probability of default over 5 ye...
Thursday, July 18, 2013

18/7/2013: One table, four entries, wealth of irony...

›
One cannot contain a sense of deep irony when looking at today's mid-day CDS markets snapshot from CMA: In one table we have: Eur...
Thursday, June 20, 2013

20/6/2013: China Volcano Blowing Up at Last?

›
Good title to a research note, as I tell my students in MSc in Finance, does the following things: Captures attention of the reader for ...
Monday, May 13, 2013

13/5/2013: Cyprus CDS

›
It doesn't look like anyone (save for Olli Rehn) is betting on Cyprus' 'vast gas wealth' to be anywhere near its current ac...