About this document
Lehman - Index Arbitrage - A Primer by leetaibai is a document available to read on EtoBox.
CDX indices have become the leading indicator of macro spread moves in the credit market. The traded spread on CDX products tends to overshoot the movement of underlying CDS in a volatile environment. This activity can often create single-name opportunities for investors with longer term credit views.
- Author
- leetaibai
- Language
- EN