The type of swap most closely linked to the subprime mortgage crisis is the ________.

Name: The type of swap most closely linked to the subprime mortgage crisis is the ________.
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The credit default swap is the type of swap most closely linked to the subprime mortgage crisis. These swaps were used to transfer the risk of default on subprime mortgage loans to third-party investors, therefore contributing to the buildup of risky mortgage-backed securities in the financial system.

The Type of Swap Most Closely Linked to the Subprime