TY - JOUR T1 - Credit Derivatives and Their Potential to Synthesize Riskless Assets JF - The Journal of Fixed Income SP - 6 LP - 16 DO - 10.3905/jfi.2002.319328 VL - 12 IS - 3 AU - Antulio N. Bomfim Y1 - 2002/12/31 UR - https://pm-research.com/content/12/3/6.abstract N2 - The credit derivatives market may help shape the overall financial markets for years to come. This is an overview of the credit derivatives market and an assessment of its future potential in the creation of private sector instruments. That these instruments are virtually free of default risk may be appealing to investors who now favor the safety of U.S. Treasury securities. ER -