陈同学2022-12-07 14:07:09
Investment-grade bonds have lower credit and default risks than high-yield bonds and are more sensitive to interest rate changes and credit migration.这里所说“interest rate“是指无风险利率部分,还是无风险利率+spread呢?
回答(1)
Chris Lan2022-12-08 10:16:24
同学您好
这里指的interest rate是指无风险利率。
因为投资级债券的yield当中,主要还是利率的成分比较大,因此对利率是更敏感的。
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