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Berkshire Hathaway Inc. Credit Default Swap Trading Volume Hit $594 Million Last Week, 2nd Highest Corporate Volume

Volkswagen AG and Berkshire Hathaway Inc. were the two most heavily traded corporate reference names in the credit default swap market for the week ended April 15.

High volume doesn't necessarily indicate high risk, but it normally does mean an increasing diversity of opinion among market participants.

Trading volume in Berkshire Hathaway-related bonds was light in the US corporate bond market yesterday, and the 5-year annualized default probabilities are well under those of Volkswagen AG.

Data released by the Depository Trust & Clearing Corporation today showed Berkshire Hathaway (BRK.A, BRK.B) trailing only Volkswagen AG (OTCPK:VLKAY) as the most heavily traded corporate reference name in the credit default swap market for the week ending April 15, 2016. American Express (NYSE:AXP), Anadarko Petroleum (NYSE:APC), Barrick Gold Corporation...


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