Bond Risk - Publications - Faculty & Research

19 Feb 2008
News

The Scoop Behind the Silver Screen

estimated in advance by companies who specialize in this sort of analysis. Bonds can be purchased to cover cost overrun risks, too. And it doesn’t hurt to have the reality check of a bonding agent looking... View Details

Keywords: Arts, Entertainment; Business Schools & Computer & Management Training; Educational Services; Real Estate

Web

Investment Management and Capital Markets - Course Catalog

apply in each market and type of situation. Students get a broad understanding of capital markets, assets classes, investing styles, and instruments (equity markets, bond markets, credit markets, real estate, privates, active and index... View Details

January 2005 (Revised October 2005)
Background Note

Standard & Poor's Sovereign Credit Ratings: Scales and Process

By: Rawi E. Abdelal and Christopher Bruner

Describes Standard & Poor's sovereign credit ratings scales and the credit rating process. In particular, describes the role and function of the rating committee and the analytical categories considered in arriving at a final sovereign credit rating. View Details

Keywords: Financial Markets; Credit; Bonds; Policy; Risk and Uncertainty; Measurement and Metrics; Forecasting and Prediction; Financial Services Industry

Citation

Educators

Purchase

11 Sep 2018
First Look

New Research and Ideas, September 11, 2018

for a broad array of service domains where operations are hidden and levels of consumer trust and engagement are faltering. Download working paper: https://www.hbs.edu/faculty/Pages/item.aspx?num=45842 Macroeconomic Drivers of Bond and... View Details

Keywords: Dina Gerdeman

03 Mar 2008
First Look

First Look: March 4, 2008

management. We find a large effect: pre-Reg FD the return premium from school ties was 8.16% per year, while post-Reg FD the return premium was nearly zero and insignificant. Download the paper: http://www.hbs.edu/research/pdf/08-074.pdf View Details

Keywords: Martha Lagace

21 Jan 2014
First Look

First Look: January 21

duration function as large-scale shocks to the quantity of interest rate risk that must be borne by professional bond investors. I develop a simple model in which the risk... View Details

Keywords: Sean Silverthorne

06 Sep 2005
Research & Ideas

The Best Place for Retirement Funds

on asset location issues. He has a theoretical paper arguing that households that face a risk of becoming unemployed should hold risk-free assets outside of their tax-deferred accounts. This advice goes counter to the tax-efficient... View Details

Keywords: by Ann Cullen

Web

Investment Strategies - Course Catalog

bonds outstanding. Every day, public markets set prices for CEOs and CFOs, financial institutions, and investors, all seeking to raise and invest money in a way that drives the economy forward. A public exit - whether through an initial... View Details

07 May 2013
First Look

First Look: May 7

decomposes excess return predictability in U.S. and U.K. inflation-indexed and nominal government bonds. We find that nominal bonds reflect time-varying inflation and real rate risk premia, while... View Details

Keywords: Carmen Nobel

27 Jan 2016
Research & Ideas

A Politician's Investment Portfolio Might Tip Off Corruption Potential

The risk taken in a politician’s private investment portfolio is a strong indicator of whether that person will cross legal or ethical lines in office. The riskier the portfolio, the more likely the lawmaker will be involved in at least... View Details

Keywords: by Roberta Holland

14 Mar 2017
First Look

First Look at New Research, March 14

https://www.hbs.edu/faculty/Pages/item.aspx?num=52405 forthcoming Critical Finance Review Inflation Bets or Deflation Hedges? The Changing Risks of Nominal Bonds By: Campbell, John Y., Adi Sunderam, and Luis... View Details

Keywords: Sean Silverthorne

11 Apr 2017
First Look

First Look at New Research, April 11

theoretical and empirical investigation of the risks of globally diversified portfolios of stocks and bonds and of optimal intertemporal global portfolio choice for long horizon investors in the presence of... View Details

01 Jun 2002
News

Latin American Conference Highlights Region's Diversity

solvent and that a credible monetary policy will emerge, he said. The country also needs international support, but such aid may be hard to come by now. Asked if converting the Argentine money supply into long-term bonds that people don't... View Details

09 Jan 2006
Research & Ideas

Rebuilding Commercial Real Estate

Property), lured by the prospect of exciting careers in a hot market. But the question arises: After several boom years, is commercial real estate ripe for another fall? I don't see risks that you would associate with a bubble.—Stephen... View Details

Keywords: by Roger Thompson; Construction; Real Estate

01 Oct 2024
Research & Ideas

How Politics Drives Business Decisions in a Polarized Nation

executive suites, start-up firms, and even entire professions and industries. Within finance, in particular, decisionmakers’ political views influence investment returns, credit ratings, asset allocations, loan terms, and bond yields,... View Details

Keywords: by Jay Fitzgerald

13 Oct 2010
Research & Ideas

How Government can Discourage Private Sector Reliance on Short-Term Debt

sector's tilt toward short-term financing was merely the industry responding to a lack of available government debt instruments, such as short-term risk-free Treasuries, that were much in demand by investors during the global savings glut. So investors purchased... View Details

Keywords: by Staff; Financial Services

01 Dec 2005
News

Trillion-Dollar Fixer-Upper

knowledge that the industry today bears little resemblance to the industry of the late 1980s. In fact, real estate now is widely viewed as a new asset class that competes with stocks and bonds for investment capital. It earned that... View Details

Keywords: Roger Thompson; Real Estate

25 Apr 2014
Research & Ideas

To Pay or Not to Pay: Argentina and the International Debt Market

Back then, Argentina tried to fend off creditors by adopting a hard-line attitude about reducing its debt obligations. When it initiated a bond exchange offer in 2005 and told its creditors to "take it or leave it," the republic... View Details

Keywords: by Laura Alfaro

08 Jan 2019
First Look

New Research and Ideas, January 8, 2019

supply expenses are provided. Publisher's link: https://www.hbs.edu/faculty/Pages/item.aspx?num=55343 Financing the Response to Climate Change: The Pricing and Ownership of U.S. Green Bonds By: Baker, Malcolm, Daniel Bergstresser, George... View Details