3 ms·
Isn't the whole "default / no default" situation about whether the CDS mechanism will be triggered or not? On the other hand, S&P is the only rating agency wi
by ristretto 15y ago
Isn't the whole "default / no default" situation about whether the CDS mechanism will be triggered or not? On the other hand, S&P is the only rating agency with a "selective default" grade. Other rating agencies only have "default".