The untenable robustness of hedging

Risk staff
01 Aug 2007

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

Extreme spread-widening and volatility have become par for the course in credit markets in recent weeks. Woes that began in US subprime mortgages in late February have spread across the asset-backed securities (ABSs) market, leveraged loans and even into the single-name and index corporate credit derivatives markets.

The ABX.HE, a family of synthetic indexes referencing home equity ABSs, has been in freefall in recent months. The ABX.HE.06-2 BBB- index (which comprises credit default swaps (CDSs)

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]