Why is the calibration of a credit risk model to the market important in fixed income trading?

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Bond Markets Analysis and Strategies

ISBN: 978-0133796773

9th edition

Authors: Frank J.Fabozzi

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Question Posted: Aug 22, 2015 07:44 AM

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Why is the calibration of a credit risk model to the market important in fixed income trading?

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Although superior to what was previously available there are two concerns that have been expressed a...View the full answer

Bond Markets Analysis and Strategies

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