It captures the change in the market value of the credit default swap (CDS) position as a result of a one basis point shift...

A calendar spread that involves the purchase of an option with a longer expiration and the sale of an option with the...

The difference between a hypothetical note's yield and the Treasury note's actual yield. The hypothetical note's yield is the full price...

It stands for credit risk spread; a measure of credit default swap (CDS) value sensitivity. It measures the credit sensitivity...

A put ratio backspread which involves selling higher strike put options and buying a lower number of lower strike puts...

A credit spread option which gives the holder the right, but not the obligation, to buy a defaultable reference bond...

The difference between a market maker's (a dealer's) ask and bid price quotes at a given point in time. Traders...