Review: Very Useful
Rating: 5 out of 5
Date: 07 3, 2014
There was more than enough material covering how a CDS works to get anyone familiar with finance up to speed,it's very easy to understand and apply. I almost felt ready to go out and trade the basis myself. At the end of the day, one of the most valuable takeaways is that you really have a much better understanding of the difference between the cash and synthetic market. This book  help people make sense of what CDS and asset-swap spreads mean.