谢同学2023-03-12 18:43:09

官网case Pacific Points Case Scenario的Q4，为什么Ikeda关于信用利差期限结构的两个例子是正确的？原文Ikeda discusses the term structure of credit spreads and notes that the typical term structure of credit spreads is upward sloping, as is the case for Kita. Ikeda also gives two examples of when the credit term structure can be inverted: Example 1:  High-yield issuers in cyclical industries at the bottom of a cycle Example 2: Bonds that have a very high likelihood of default。我觉得例子2，当曲线倒挂时，短期信用利差上升，风险加大