CORPORATE CREDIT RISK AND REWARD

被引：0
|
作者：
BENNETT, TL
ESSER, SF
ROTH, CG
机构：
来源：
JOURNAL OF PORTFOLIO MANAGEMENT | 1994年 / 20卷 / 03期
关键词：
D O I：
10.3905/jpm.20.3.39
中图分类号：
F8 [财政、金融];
学科分类号：
0202 ;
摘要：
This article presents an analysis outlining the attractiveness of corporate bonds as an asset class. The authors review returns and default data and find that investors have been well rewarded for accepting corporate credit risk in the fixed-income market. Recommendations are presented regarding the role of investment-grade corporate bonds as well as high-yield bonds in investor portfolios.
引用
收藏
页码：39 / 47
页数：9
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