Tag Archive for Corporate Debt

Insight: JPMorgan bets sent false signals to wider debt market | Reuters

(Reuters) – JPMorgan Chase & Co’s disastrous bets on corporate debt may have caused unexpected collateral damage: erratic behavior in a barometer that measures the financial health of blue-chip U.S. companies. Those bets used Wall Street derivatives called credit default swaps. They are supposed to act like homeowners insurance, allowing bondholders, banks and hedge funds…