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Credit markets

Has Asia got the appetite for local currency CDS?

The development of a robust local currency credit default swap market in Asia has come a step closer following the first public won-denominated CDS trade in Korea late last year. Alice Hales looks at whether the ingredients are there for such a market to…

The race to launch credit futures

Eurex, the Chicago Mercantile Exchange and the Chicago Board Options Exchange are locked in a struggle for market share of the new credit futures market. But are investors really sold on the new instruments? Matthew Attwood finds out

The Big Interview: Paul McCulley

Pimco's portfolio manager talks to Dalia Fahmy about chasing yield in an expensive asset class, and what he's expecting will trigger the next market downturn

Q&A: Sean Flannery

The chief investment officer for the Americas at State Street Global Advisors in New York discusses the opportunities offered by decomposition of risk as a result of the growth of the credit derivatives market

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