See how we rate investing products to write unbiased product reviews. A credit default swap (CDS) is a contract that allows one party (an investor) to transfer some or all risk to a third party ...

Spreads on U.S. six-month credit default swaps (CDS) - market-based gauges of the risk of a default - widened to 70 basis points on Friday from 65 bps on Thursday, according to S&P Global Market ...

What was the utility of the credit default swap in that case? Well, the basic concept or the original driver of credit derivatives was for banks to be able to transfer credit risk off of their ...