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I examined monthly data from over the past three decades (1970 through mid-2003) for the fol-lowing variables: the promised yield on Aaa and Baa rated corporate bonds, the 10-year Treasury rate, and the S&P 500 return with reinvested dividends. The three "yield spreads" of the Aaa and ...
The Moody's Seasoned Aaa Corporate Bond Yield measures the yield on corporate bonds that are rated Aaa. Corporate bonds are rated based on their default probability, health of the corporation's debt structure, as well as the overall health of the economy. Aaa is the highest rating a corporate...
Corporate Yield Spreads and Bond Liquidity We find that liquidity is priced in corporate yield spreads. Using a battery of liquidity measures covering over 4,000 corporate bonds and spanning both in... L Chen,DA Lesmond,J Wei - 《Journal of Finance》 被引量: 1918发表: 2007年 Liquidity or...
The Moody’s Seasoned Baa Corporate Bond Yield measures the yield on corporate bonds that are rated Baa. Corporate bonds are rated based on their default probability, health of the corporation’s debt structure, as well as the overall health of the economy. The Baa rating is relatively low ri...
Get the latest PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) fund price, news, buy or sell recommendation, and investing advice from Wall Street professionals.
High-yield spreads recently touched new cyclical lows as well. The average spread of the Bloomberg US Corporate High-Yield Bond Index closed at 2.66% on November 29, 2024, and was as low as 2.53% in mid-November. That marked its lowest reading since May 2007. High-yield corporate bond sp...
Specifically, the ESG disclosure of non-state-owned companies and companies in non-high-pollution and -energy-consumption industries has a greater impact on reducing corporate bond credit spreads. Therefore, we urge regulatory departments to establish a sound ESG disclosure evaluation system, and the ...
Fund managers remain bullish on outlook for US high-yield bonds However, some investors are warning that parts of the market are starting to look overheated Special ReportFTfm: Fixed Income Does lower inflation make bonds an appealing option for portfolios?