Journal Article

Is the financial crisis over? a yield spread perspective


Abstract: Our finding is consistent with some recent, substantial volatility in the U.S. corporate bond market and leaves open a possibility that additional, future shocks to default premia may have long-lived effects.

Keywords: Financial crises;

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File(s): File format is application/pdf http://research.stlouisfed.org/publications/es/09/ES0940.pdf

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Bibliographic Information

Provider: Federal Reserve Bank of St. Louis

Part of Series: Economic Synopses

Publication Date: 2009

Order Number: 40