A credit default swap is insurance against the possibility of default. Learn about their role in the financial crisis of 2007-09.

NEW YORK, Sept 4 (Reuters) - Corporate bonds and loans have underperformed credit default swap protection on the debt in recent weeks, encouraging some investors to enter into trades that profit ...

Bank of America Corp's <BAC.N> credit default swaps were quoted about nine to 10 basis points wider early on Thursday after the bank said quarterly profit fell 32 percent, according to an investor.

Both one-year and six-month U.S. credit default swaps--which act as insurance against a default--jumped seven basis points to 58 basis points, the highest reading since May 2023, S&P Global Market ...