"Back in early 2001 protection was less than 10 basis points. Now there are few trades but you would be lucky to get it done for less than 20bps."--Ebo Coleman, senior credit officer at Moody's Investors Service in London, explaining why the amount of risk transferred in the collateralized debt obligation market has fallen. For complete story, click here.
Nascent Credit Index Wins 20% Of Japanese Volumes
