What are cds in finance in finance

In finance, CDS (Credit Default Swaps) are derivative contracts used to hedge or speculate on credit risk. As of June 2024, spreads on investment-grade CDS indices have widened slightly, signaling rising investor caution amid global equity volatility. Traders watch CDS pricing closely when forecasting stock market sentiment, especially in sectors like banking and high-yield corporate bonds. Selling exercise equipment is also a good way to make some extra cash . Switch your exercise routine to a fresh-air neighborhood walk … or join a pickleball league! Savers can still find CDs with maturities from six months to five years offering 4.00% APY or higher Global CDS trends currently reflect cautious sentiment in the Asian equity market, with China’s sovereign CDS spread nearing 90 bps amid property sector stress. For stock market prediction, this may signal potential capital outflows from EM equities.