阿萌酱 · 2020年07月05日
问题如下：
With respect to default risk and credit spread risk, the ratings of bond-rating agencies such as Moody’s provide information concerning:
选项： default risk only.
credit spread risk only.
C.both default risk and credit spread risk.
D.neither default risk nor credit spread risk.
解释：
A is correct.
Bond rating agencies issue ratings based on the default risk of the issue. Credit spread risk is determined by spread duration.
请问这道题目对应的PPT在哪一页
NO.PZ2019052801000105问题如下 With respeto fault risk and cret sprerisk, the ratings of bonrating agencies suMoo’s provi information concerning: fault risk only. cret sprerisk only. both fault risk ancret sprerisk. neither fault risk nor cret sprerisk. A is correct. Bonrating agencies issue ratings baseon the fault risk of the issue. Cret sprerisk is terminespread ration. 讲义中提到“Yielspreover treasury bon correlate highly with ratings”，意思不就是说yielsprea影响评级吗？反向关系，spre越大，评级越低。但是本题不选cret sprerisk 的原因是不是因为，这个risk 主要受宏观经济因素影响，所以反过来评级机构评级并不参考这个spread
老师，请问可以一下什么是spreration吗？
