Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

IF CMBX, a synthetic Commercial-mortgage-backed-securities index, is to be believed, commercial real estate credit is in deep trouble, caving in to the same pressures that savaged the residential ...

The CMBX.6. The acronym has splashed across headlines and become a source of controversy on Wall Street. It's such a popular trade by speculators placing bets on store and mall closings that shorting ...

(Bloomberg)—Hedge funds and other short sellers are beginning to set their sights on a U.S. credit-derivatives index with outsized exposure to hotel debt as the pandemic sinks the hospitality industry ...