Spain
Eurozone has two years to agree fiscal union – DB Advisors
The viability of the Eurozone project continues to weigh on fixed income market, says chief investment officer of DB Advisors.
Economic concerns keep credit trading activity flat
Normal service appears to be a long way from resuming in credit, as macroeconomic uncertainty continues to grip the financial markets.
Questioning collateral
European financial markets have been turned upside down by the sovereign debt crisis, with eurozone government bonds no longer regarded as completely risk-free. As a result, dealers are more wary of the correlation inherent in collateral denominated in…
Concerns grow on correlation of derivatives collateral
Sovereign debt crisis raises fears about correlation of derivative collateral denominated in domestic currencies
Contagion fears drive volatility
The takeover of a Spanish savings bank last month and rumours of funding difficulties at the country's financial institutions spook investors
Risk roulette on eurozone scenarios
The European Union and International Monetary Fund agreed a €750 billion emergency loan package in early May, aimed at averting a sovereign default and wider crisis across the eurozone. Nonetheless, banks have been preparing for the worst, stress testing…
Brazil leads booming sovereign CDS trade
Sovereign CDS transactions eclipsed corporate protection volume in past nine months.
Struggling sovereigns could look to retail bond solution
Spain and Portugal should follow Italy’s lead by tapping retail investors, says Barclays economist.
Debt-ridden Spain and Portugal face new threats to credit status
Clouds are gathering over the Iberian peninsula. Attention is shifting from Greece, given temporary respite by the EU-IMF bailout, to Spain and Portugal as fears mount over their fiscal deficits and spiralling unemployment figures.
Eurozone sovereign CDS blow out after Spain ratings downgrade
Wider sovereign debt insurance costs follow Spanish ratings downgrade and falling equity prices
CDS spreads tighten for eurozone debt crisis countries
Fall in cost of insuring eurozone sovereign debt follows a volatile week
Quiet morning trading on the CDS market after dramatic moves
CDS spreads' volatility earlier in the week over for now
CDS spreads tighten marginally across the eurozone
Eurozone sovereign debt insurance cheapens
Sovereign CDSs cause systemic concern
Increased protection selling on sovereigns raises fears about systemic risk
Eurozone CDS spreads widen as equities plummet
Wider eurozone CDS spreads in early morning trading mirror movements in the equities market
Eurozone CDS spreads tighten after volatile week
Eurozone sovereign debt insurance cheapens after last week’s volatility
Riksbank's Persson: don't shoot CDS "messenger"
The Swedish central bank uses CDS spreads as an indicator of financial stability
Spain’s €15bn austerity plan is flawed, warns leading economist
The Spanish government has made plans for austerity measures based on growth forecasts that far outpace those of the IMF and EU.
Fiscal austerity measures could hit corporate credit, analysts warn
As governments across Europe announce austerity measures designed to rein in deficits, sovereign and corporate bond investors are divided over the scale and timing of the cuts.
Eurozone CDS spreads tighten slightly
CDS spreads come in marginally as European Central Bank confirms how much in eurozone bonds it has bought
Eurozone sovereign CDS spreads widen amid continuing contagion fears
Widening continues on eurozone CDS spreads as Australian banks feel the pinch from the Greek debt crisis
Retail bonds could be part of solution for ailing European sovereigns
Barclays Capital economist says Spain and Portugal should look to replicate Italian government in tapping retail investors for future bond deals.
Sovereign CDS spreads widen in eurozone
Volatility returns to CDS spreads across the eurozone in early morning trading