CDS On MBIA Insurance Look Good In Short Term

13 Aug 2010

Credit default swaps on MBIA Insurance look like a good short-term investment, according to analysts.

Credit default swaps on MBIA Insurance look like a good short-term investment, according to analysts. Five-year CDS on the company traded Thursday at roughly 4,200 basis points, more than half below its March 2009 peak of roughly 9,000 bps. Robert Haines, an analyst at CreditSights, said it is ...

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