Special Guest Post by Newral
Great synopsis - very helpful for positioning.
Amateur Question: why do you use the option-adjusted CCC spread index rather than the total return or effective yield?
Us the OAS, this is basically the credit risk premium. The part you want to capture
Great synopsis - very helpful for positioning.
Amateur Question: why do you use the option-adjusted CCC spread index rather than the total return or effective yield?
Us the OAS, this is basically the credit risk premium. The part you want to capture