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Guest
Does anyone have any opinions on the following statement :
'The belief is that corporate bond markets are inefficient at pricing credit risk relative to government bonds. Thus there are opportunities to obtain excess returns for the risk taken by means of a well managed, risk controlled portfolio. Anomalies can occur at the overall sector or stock levels.'
'The belief is that corporate bond markets are inefficient at pricing credit risk relative to government bonds. Thus there are opportunities to obtain excess returns for the risk taken by means of a well managed, risk controlled portfolio. Anomalies can occur at the overall sector or stock levels.'