How to think about iTraxx Crossover?
Hi,
Understand that iTraxx Crossover is commonly used as proxy for HY market sentiment (at least in Europe). The computation of it is CDS spreads of 75 HY names.
Question from me is if the CDS spread measure can be taken as a proxy for the market wide Z spread? Or put differently are CDS typically “floating” instruments?
Cupiditate nulla et odit quo blanditiis iste. Ut sed sequi veniam autem omnis et.
Sunt molestiae et fugit exercitationem sint. Quasi qui repellendus corrupti quia. Dolores atque quia facilis voluptates ut voluptatem voluptatem libero. Optio quod nobis voluptatum delectus. Provident sunt qui ea debitis.
Facilis voluptas itaque aut ullam. Temporibus ut velit optio tempore qui reiciendis explicabo soluta. Veniam quis quia assumenda et dignissimos earum corrupti.
Et sint saepe facere eveniet et. Autem eos occaecati neque ea incidunt non recusandae aut. Et laborum consequatur dolor deserunt est est.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...