What is the default spread and interest rate associated with this rating?
什么是默认的蔓延和利息率与此相关的评级?
And they should look at house prices and the price of liquidity (defined as the interest spread on corporate bonds that is not attributable to the risk of default) as well.
同时也应该关注房产和流动资产(不受违约风险影响的公司债券的利息)的价格。
The higher the spread, the less faith the market has that default can be avoided.
差价越高,市场越相信违约无法避免。
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