
Credit default swaps are so back
• World News EraMore companies are defaulting on their debt. So traders at banks and hedge funds are jumping back into the market for individual companies' credit-default swaps, or CDS, to insure against default.
More companies are defaulting on their debt. So traders at banks and hedge funds are jumping back into the market for individual companies' credit-default swaps, or CDS, to insure against default.