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2024-01-20 23:43Mt. Pleasant Advisers Case Scenario
Second, spread changes are more pronounced during times of outflows in high-yield markets relative to investment-grade markets, particularly during times of stress. 這句話,答案說是對的。但我們不是說,spreads對investment-grade 更重要,對high-yield沒那么重要么?
所屬:CFA Level III > Fixed-Income Portfolio Management 視頻位置 相關(guān)試題
來源: 視頻位置 相關(guān)試題
1個回答
Simon助教
2024-01-23 15:42
該回答已被題主采納
同學,上午好。原文中這句話意思是在市場危機時,大家會拋售high yield債券,導致HY債券價格大幅下跌,spread變化會超級明顯。
這段原文和知識點:投資級債券,關(guān)注spread變化對債券組合的影響,高收益?zhèn)P(guān)注違約問題,不矛盾的哈。
