Wall Street creates new credit-default swap index to bet against private credit - Reuters

<a href="https://news.google.com/rss/articles/CBMizAFBVV95cUxOOVVSSlVrd2hUV2YyalVpXzI1bEdhcldrdEkxeGFOek4wR3NQb2x2REVyc0JiaVpPOXdDcHFqdmtqRDdONC1LdFNvcE1CSFZBTkRlRUtzcDhmY0FrTy1ZT1V2ZlY2SkZRNjJLSEZkWncxTEFGSGl4UHRuY3FwdnBHamttUDdPNW9mdzRxU3pRaWRORWU3Wm55WFVxbG1wMFFxUmR0UUJQMmRNMEk4ODcwMlBYeTBwQVBKeHUyZ2xiTWJWcmdjRDJISkdkQ0Q?oc=5" target="_blank">Wall Street creates new credit-default swap index to bet against private credit</a>&nbsp;&nbsp;<font color="#6f6f6f">Reuters</font>

S&P Dow Jones Indices launches a new credit-default swap index linked to the private credit market, allowing investors to bet against a sector facing recent turbulence.

Major banks are collaborating to create a new investment index that enables investors to bet against managers of private credit funds, amid concerns over rising defaults.

Wall Street introduces derivatives allowing investors to bet on the default risk of financial companies, including private credit fund managers, amid rising concerns over defaults.

Major banks, including JPMorgan Chase, are preparing to launch a new credit-default swap index tied to private-credit markets, developed with S&P Global, to allow investors to hedge or short credit risk in a $3 trillion market.

Major banks, including Goldman Sachs, Bank of America, and Barclays, are collaborating with S&P Global to launch a Credit-Default Swap (CDS) Index for Private Credit, signaling a renewed focus on betting against private credit markets.