re; the corp bond mkt distress index, the two red lines are not dissimilar enough to differentiate them.
Gary October 27, 2022
What am I missing? Only see one red line.
Bart October 27, 2022
Looks like the market currently only discounts for higher interest rates (to which junk bonds have a lower sensitivity) and not for higher default risks.
re; the corp bond mkt distress index, the two red lines are not dissimilar enough to differentiate them.
What am I missing? Only see one red line.
Looks like the market currently only discounts for higher interest rates (to which junk bonds have a lower sensitivity) and not for higher default risks.