Uncertainty over the rules governing the payout of credit default swaps has sown confusion among traders ahead of a potential settlement tied to Ardagh Group SA, the Irish glass bottle and packaging ...
As AI skeptics rushed in, trading volume on the company’s CDS ballooned to about $5 billion over the seven weeks ended Nov. 14, according to Barclays Plc credit strategist Jigar Patel. That’s up from ...