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credit default swap hedging record

April 4, 2026The Kobeissi Letter

The Kobeissi Letter says investors are hedging corporate default risk aggressively, citing record CDS index trading volume in Q1 2026.

Investors are hedging against corporate defaults at a record pace:
surged +69% in Q1 2026, to $4.5 trillion, the highest on record.
This exceeds the previous record set in Q2 2025
The Kobeissi Letter
creditriskdefaults

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