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文章基本信息

  • 标题:Credit Default Swaps on Municipal Bonds: A Double-Edged Sword?
  • 作者:Wang, Ming-Jie
  • 期刊名称:Yale Journal on Regulation
  • 印刷版ISSN:0741-9457
  • 出版年度:2018
  • 卷号:35
  • 期号:1
  • 页码:6
  • 出版社:Yale Law School
  • 摘要:The municipal bond market has traditionally been viewed as a relatively safe market, where credit risk wasn't a primary concern. The spate of fiscal crises that state and local governments have experienced in recent years, however, has changed this narrative.
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