Assessment of Credit Ratings and Credit Risk Models on Public Bonds
South Hall (SUNY Geneseo/Keith Walters ’11) Publication Journal of Fixed Income Summary: The article investigates the performance of two different credit risk models, the credit ratings of S&P and the market-based credit risk models of Bloomberg, using 12,679 new corporate bonds issued by 933 firms through public offerings in the United States over the 1999–2015
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