旅人祈愿 · 2018年11月16日
There's a sentence in the Qianghuachuanjiangke lecture note goes like: "Credit Spread are reduced during times of economic recovery. This phenomenon is called flight to quality"
I think that's not correct. Flight to quality should mean: Credit Spread are widen during times of economic recession, because people tend to buy high quality assets during those times.
品职答疑小助手雍 · 2018年11月16日
同学你好，你说的那句话没错，前面那个课里的是哪个章节的啊？我有空回去看看需不需要勘误。
旅人祈愿 · 2018年11月16日
credit risk-section 8 - spread risk
旅人祈愿 · 2018年11月16日
btw, I answered some of the other students questions. You can double check if those were correct. (my confidence level is 95% lol)
品职答疑小助手雍 · 2018年11月16日
答得挺好的～那句话姑且视而不见好了，flight to quality一般还是说危机时候
