No Summary provided as the original text is short
- Credit Default Swap (CDS) Index: A financial index measuring the cost of credit protection on a basket of bonds, often used to gauge market perceptions of credit risk.
- Basis Point: A unit equal to one hundredth of a percentage point, commonly used in finance to describe interest rate or yield changes.
- High-Yield Bond: A bond rated below investment grade that offers higher yields to compensate for increased default risk.