Index Cds on gdpark.bloghttps://gdpark.blog/tags/index-cds/Recent content in Index Cds on gdpark.blogHugoenTue, 31 Dec 2024 00:00:00 +0000Credit Default Swaps (CDS), Part 2 [CFA Level 2 Notes #26]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.