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Returns-based style analysis of high-yield bonds

Authors :
Domian, Dale L.
Reichenstein, William
Source :
Journal of Fixed Income. Spring, 2008, Vol. 17 Issue 4, p72, 16 p.
Publication Year :
2008

Abstract

It is widely accepted that high-yield bonds are hybrid assets. That is, their returns are sensitive to high-grade bond returns and stock returns (Blume and Keim [1991]; Cornell and Green [...]

Details

Language :
English
ISSN :
10598596
Volume :
17
Issue :
4
Database :
Gale General OneFile
Journal :
Journal of Fixed Income
Publication Type :
Periodical
Accession number :
edsgcl.178014261