Search

Your search for "liquidity and spreads" returned:

Corporate Yield Spreads and Bond Liquidity

study the relationship between corporate bond liquidity and yield spreads by … neither yield-spread levels nor changes of spreads can be fully explained by default risk …
http://www.cfainstitute.org/learning/products/publications/dig/Pages/dig.v37.n3.4778.aspx

Corporate Credit Default Swap Liquidity and Its Implications for Corporate Bond Spreads

The authors study the liquidity in the corporate credit default swap (CDS) market. Using … tools and models, they compare the liquidity premiums in CDS quotes and in yields …
http://www.cfainstitute.org/learning/products/publications/dig/Pages/dig.v41.n1.9.aspx

Corporate Yield Spreads: Default Risk or Liquidity? New Evidence from the Credit Default Swap Market

nondefault component directly related to liquidity effects. The results extend earlier … the composition of corporate yield spreads. Although default risk accounts for most of the …
http://www.cfainstitute.org/learning/products/publications/dig/Pages/dig.v36.n1.1810.aspx

Does Algorithmic Trading Improve Liquidity?

algorithmic trading, liquidity, stocks … in algorithmic trading appears to reduce spreads, lower adverse selection among liquidity demanders, and increase the amount of …
http://www.cfainstitute.org/learning/products/publications/contributed/Pages/does_algorithmic_trading_improve_liquidity_.aspx

Dissecting Corporate Bond and CDS Spreads

Hai Lin Sheen Liu Chunchi Wu … default swap premium and the tax and liquidity components of the nondefault component in the … Members, log in to record your credits. … Are we in the midst of a …
http://www.cfainstitute.org/learning/products/publications/dig/Pages/dig.v41.n2.37.aspx

Does Algorithmic Trading Improve Liquidity?

in algorithmic trading appears to reduce spreads, lower adverse selection among liquidity demanders, and increase the amount of … Organization and Functioning of Security Markets …
http://www.cfainstitute.org/learning/products/publications/dig/Pages/dig.v41.n2.36.aspx

Trading Risk, Market Liquidity, and Convergence Trading in the Interest Rate Swap Spread

the stability of interest rate swap spreads is studied in relation to speculative trading. The author believes that swap spreads are typically, but not always, stabilized by …
http://www.cfainstitute.org/learning/products/publications/dig/Pages/dig.v36.n4.4303.aspx

Access to Liquidity and Corporate Investment in Europe during the Financial Crisis

to the crisis. Although interest rate spreads charged on credit lines increased during the … Cost of CapitalManaging Short-Term Assets and LiabilitiesLiquidity RiskCross-Border Issues …
http://www.cfainstitute.org/learning/products/publications/dig/Pages/dig.v42.n4.13.aspx

Information Shocks, Liquidity Shocks, Jumps, and Price Discovery: Evidence from the U.S. Treasury Market

Trading Strategies and Their AssessmentLimits to Arbitrage … during economic news announcements. Liquidity shocks—measured using bid–ask spreads, trading volume, and market depth—can help …
http://www.cfainstitute.org/learning/products/publications/dig/Pages/dig.v41.n3.35.aspx

Price Discovery in the U.S. Treasury Market: The Impact of Orderflow and Liquidity on the Yield Curve

Term Structure Determination and Yield Spreads … Michael W. Brandt Kenneth A. Kavajecz … curve. The effect is stronger when liquidity is low. The results indicate the importance of …
http://www.cfainstitute.org/learning/products/publications/dig/Pages/dig.v35.n2.1659.aspx

1-10 of 33 results