Question: Top rated (AAA) corporate bonds yield 0.067 when intermediate grade (BBB) corporate bonds yield 0.0843 . Rates change for both bonds due to economic conditions
Top rated (AAA) corporate bonds yield 0.067 when intermediate grade (BBB) corporate bonds yield 0.0843 . Rates change for both bonds due to economic conditions to 0.0704 and 0.097 respectively. Calculate the Barron's Confidence Index before and after and report the difference, i.e. New Cl - Old Cl. Be able to interpret this change in Cl on an exam. -0.0748 -0.0664 -0.0690 -0.0773 -0.0720
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