When a normal distribution is assumed, we see a higher expected return associated with a lower SD on the high-yield bond returns relative to investment-grade bond returns. However, we also find that the returns on both high-yield bonds and investment-grade bonds exhibit stable (fat-tailed) ...
债券种类 investment grade high yield "Investment grade high yield" (IGHY) is a category of bonds that combines the characteristics of both investment grade and high yield bonds. These bonds typically offer higher yields than traditional investment grade bonds but still maintain a relatively low ...
Statement 1: Both high-yield bonds and investment-grade bonds are quoted as spreads over the benchmark government bonds. Statement 2: compared with the high-yield bond, bid-ask spread for the investment-grade bonds are often lower. Statement 3: for the high-yield bonds, the interest rate se...
Investment-grade bonds are usually quoted as spreads over benchmark government bonds. 所以B不正确 添加评论 0 0 WallE_品职答疑助手 · 2020年11月08日 investment bond投资级别的债券,收益率给的一般都低,违约率也低,评级高。 high- yield bond投机级别的债券,也叫垃圾债,收益率给的高,违约率也高,评级...
Investment grade bonds (those with a rating of BBB or better) carry less risk but offer a relatively low yield. 投资级的债券(信用评级在BBB级及以上的债券)具有较小的风险,不过他们的收益也相对较低。 article.yeeyan.org 6. Investment grade bonds marginally under perform governments. 投资级债券的表...
解析 A High-yield bonds can be thought of as a hybrid between investment-grade bonds and equitysecurities. Their spread movements are less influenced by interest rate changes than are investment-gradebonds and they exhibit greater correlation with movements in equity markets.Section 7.1...
Using Bank of America/Merrill Lynch bond yield indexes, we compare the returns on investment-grade bonds to the returns on high-yield bonds over the period from January 1997 through mid-August 2011, a period marked by the collapse of the technology sector in early 2000 and the financial crisi...
Chinese government bonds rallied sharply and outperformedinvestment gradenotes as well as high yield papers, with all three segments posted price gains. htisec.com htisec.com 中國國債大幅上揚,表現優於投資級別票據及高息債券,且這三個主要板 塊的價格一致上升。
Fed is handing you a golden gift. Investors can lock in yields of 6% or more in high-quality debt for many years. See why we think this opportunity is acute.
What Is Investment Grade vs. High Yield? High yield bonds are generally considered higher risk than investment grade bonds. High yield bonds, however, tend to offer a higher return—to compensate for the higher risk of default of the issuer.8 ...