https://gdpark.blog/tags/cds/Recent content in Cds on gdpark.blogHugoenTue, 31 Dec 2024 00:00:00 +0000https://gdpark.blog/posts/cfa-l2-25-credit-default-swaps-cds-and-cds-premium/Mon, 30 Dec 2024 00:00:00 +0000https://gdpark.blog/posts/cfa-l2-25-credit-default-swaps-cds-and-cds-premium/CDS isn’t your typical derivative — it’s basically bond insurance, and this post breaks down the structure, settlement types, and why you don’t even need to own the bond.https://gdpark.blog/posts/cfa-l2-26-credit-default-swaps-cds-part-2/Tue, 31 Dec 2024 00:00:00 +0000https://gdpark.blog/posts/cfa-l2-26-credit-default-swaps-cds-part-2/A casual breakdown of single-name vs. index CDS, how credit correlation drives pricing, and why expected loss is the number that really matters.