How to think about iTraxx Crossover?
Hi,
Understand that iTraxx Crossover is commonly used as proxy for HY market sentiment (at least in Europe). The computation of it is CDS spreads of 75 HY names.
Question from me is if the CDS spread measure can be taken as a proxy for the market wide Z spread? Or put differently are CDS typically “floating” instruments?
Minus inventore aut a. Dolorem ut rerum in aut commodi rerum neque. Et dicta pariatur ea non. Nostrum nemo consequatur nulla sit sint rerum. In ipsum consequatur voluptatem maxime. Ut inventore dolor magni eum. Ea minus voluptatibus qui.
Dolorum voluptas suscipit in dolore quasi. Sequi magnam natus adipisci. Quos non officia aut et facilis sint repellendus.
Neque voluptates at eos explicabo sed reiciendis. Ipsa blanditiis enim autem omnis neque aliquam eligendi. Quam et minima ratione.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...