Markit Credit Special Reports

Markit CDS Sov Report Apr 2012

Thu, 03 May 2012 12:00:00 GMT

The interaction between politics and economics has been a feature of the eurozone debt crisis. Decisions by national and supranational officials have had a considerable influence on the direction of risk assets over the last few years. So investors are attuned to political risk, and April saw significant widening in sovereign spreads due to governments facing defenestration.

Markit CDS Sov Report Mar 2012

Thu, 05 Apr 2012 12:00:00 GMT

March 2012 will be noted in the history books as the month when the first Western European sovereign triggered a CDS credit event. Or will it?

Markit Index Rolls Mar 2012

Thu, 15 Mar 2012 12:00:00 GMT

The final membership of the new Markit iTraxx indices, scheduled to roll on 20 March 2012, was announced this week. The following report outlines the changes and provides some colour on the constituents.

Markit CDS Sov Report Feb 2012

Wed, 07 Mar 2012 12:00:00 GMT

As noted in January’s sovereign report, the developed markets of the west experienced a strong, albeit volatile start to the year in the credit markets. This trend didn’t really continue over February. The Markit iTraxx SovX Western Europe widened by 5bps during the month, and the index is just 9bps tighter than the 2011 year-end level.

Markit CDS Sov Report Jan 2012

Mon, 06 Feb 2012 12:00:00 GMT

Sovereign credit experienced a strong, albeit volatile, start to 2012. The Markit iTraxx SovX Western Europe ended January at 339bps, about 15bps tighter than the 2011 year-end level.

Markit CDS Sov Report Oct 2011

Mon, 7 Nov 2011 12:00:00 GMT

October was a relatively strong month for sovereign credit. The Markit iTraxx SovX Western Europe went from 340bp at September month-end to 304bp on October 31 – a robust performance. But appearances can be deceptive, and the still elevated level of the index demonstrates that all is not well in the world of sovereign credit.

Markit CDS Sov Report Q3 2011

Thu, 13 Oct 2011 12:00:00 GMT

The third-quarter of 2011 will be remembered in the credit markets as one of the worst in recent memory. A sovereign debt crisis that began in Greece now threatened to engulf the core of the eurozone.

Markit Update: Markit iTraxx Europe Index Rolls

Fri, 16 Sep 2011 12:00:00 GMT

The final membership of the new Markit iTraxx indices, scheduled to roll on 20 September 2011, was announced this week. The following report outlines the changes and provides some colour on the constituents.

Markit Sovereign Report Q2 2011

Fri, 01 Jul 2011 12:00:00 GMT

The sovereign CDS market really came of age in the second-quarter of 2010. It seemed unlikely that such extreme volatility could ever be matched.

Forthcoming CDS Convention Changes for Japan and Asia

Thu, 10 Dec 2009 12:00:00 GMT

Forthcoming CDS Convention Changes: Australia, New Zealand, Emerging Markets, and Japan

Wed, 09 Sep 2009 12:00:00 GMT

CDS Small Bang: Understanding the Global Contract & European Convention Changes

Mon, 20 Jul 2009 12:00:00 GMT

The CDS Big Bang

Fri, 13 Mar 2009 12:00:00 GMT