It is a common fallacy that Corporate bonds yield more than Governments due solely to the potential for default. Not true! There are other factors.
Look for the research link!
Research: Credit Spreads and Default Risk
One comment Research: Credit Spreads and Default Risk
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[…] those left wondering about how much all this liquidity is worth, I recommend my article Credit Spreads and Default Risk. This includes a chart from the BoE that is very […]