The Economics of Corporate Bond Yield Spreads and the Yield Spread Puzzle of Recent Years

The Economics of Corporate Bond Yield Spreads and the Yield Spread Puzzle of Recent Years
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Publisher :
Total Pages : 178
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ISBN-10 : OCLC:44832922
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Book Synopsis The Economics of Corporate Bond Yield Spreads and the Yield Spread Puzzle of Recent Years by : Yogesh Patel

Download or read book The Economics of Corporate Bond Yield Spreads and the Yield Spread Puzzle of Recent Years written by Yogesh Patel and published by . This book was released on 2000 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt:

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Abstract: Corporate bond bid-ask spreads explain 40 percent of the temporal variation in yield spreads when daily individual bond data are used. Other known yie