Relationships of Financial Risk to the Term Structures of Corporate Bond Yields

1966 ◽  
Vol 21 (3) ◽  
pp. 554
Author(s):  
Ramon Eskel Johnson
Keyword(s):  
Financial Risk ◽  
Corporate Bond ◽  
Bond Yields ◽  
Term Structures

Term Structures of Corporate Bond Yields as a Function of Risk of Default: Discussion

1967 ◽  
Vol 22 (2) ◽  
pp. 346
Author(s):  
John M. Culbertson ◽  
David Durand
Keyword(s):  
Corporate Bond ◽  
Bond Yields ◽  
Term Structures

scholarly journals Equity Volatility and Corporate Bond Yields

10.3386/w8961 ◽  
2002 ◽  
Author(s):  
John Campbell ◽  
Glen Taksler
Keyword(s):  
Corporate Bond ◽  
Bond Yields

scholarly journals An Index of the Yields of Junk Bonds, 1910–1955

2017 ◽  
Vol 77 (4) ◽  
pp. 1203-1219 ◽  
Author(s):  
Peter Basile ◽  
Sung Won Kang ◽  
John Landon-Lane ◽  
Hugh Rockoff
Keyword(s):  
Twentieth Century ◽  
High Risk ◽  
Corporate Bond ◽  
High Yield ◽  
Government Bond ◽  
Bond Yields ◽  
Middle Years ◽  
Bond Index ◽  
Junk Bonds

We present a new monthly index of the yields on junk bonds (high risk, high yield bonds) for the period 1910–1955. This index supplements the indexes of government bond yields, and Aaa and Baa corporate bond yields economic historians have relied on previously to describe the long-term risk spectrum. First, we describe our sources and methods. Then we show that our junk bond index contains information that is not in the closest alternative, and suggest some ways that the junk bond index could be used to enrich our understanding of the turbulent middle years of the twentieth century.

Weaker euro-area may affect Emerging Europe

2016 ◽  
Keyword(s):  
Euro Area ◽  
Credit Rating ◽  
Emerging Market ◽  
Corporate Bond ◽  
Bond Yields ◽  
Content Type ◽  
Central Eastern Europe ◽  
Political Risks ◽  
Government Bond Markets ◽  
The Uk

Subject The fallout in Central-eastern Europe (CEE) from Brexit. Significance While CEE government bond markets are being supported by investor expectations of further monetary stimulus in response to the uncertainty stemming from the UK decision to leave the EU ('Brexit'), the zloty is suffering from both its status as one of the most actively traded emerging market (EM) currencies and concerns about the policies of Poland's new nationalist government. A sharp Brexit-induced slowdown in the euro-area economy would put other CEE currencies and equity markets under strain. Impacts The ECB's full-blown QE is helping keep government and corporate bond yields in vulnerable southern European economies historically low. Uncertainty generated by Brexit reduces the scope for further US interest rate hikes later this year, lifting sentiment towards EM assets. The Brexit vote will increase investors' sensitivity to political risks, auguring badly for Poland. Poland has already suffered a downgrade to its credit rating mainly as a result of the interventionist policies of the PiS government.

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