9. Focusing on default rates on high-yield corporate bonds does not provide sufficient insight into the risks

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9. Focusing on default rates on high-yield corporate bonds does not provide sufficient insight into the risks of investing in this sector of the bond market.

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Measuring And Controlling Interest Rate And Credit Risk

ISBN: 9780471268062

2nd Edition

Authors: Frank J. Fabozzi, Steven V. Mann, Moorad Choudhry

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