Article ID Journal Published Year Pages File Type
5085069 International Review of Financial Analysis 2012 8 Pages PDF
Abstract
► We investigate the short-term credit spread dynamics of quality US corporate bonds. ► Risk-free short interest rate and equity index negatively affect credit spreads. ► This is not the case for the corporate bonds of maturities between 10 to 15 years. ► Relative illiquidity of the secondary market for corporate bonds affects spreads.
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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Empirical analysis of credit spread changes of US corporate bonds
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