Sec8 Spread Risk-Spread Conventions, flight to qualtiy问题
FRM II
Credit Risk Measurement And Management
视频里说经济复苏，去买risky bond，导致spread下降。 但是google了flight to quality是指refers to the herd-like behavior of investors to shift out of risky assets during financial downturns or bear markets.
视频里说经济复苏，去买risky bond，导致spread下降。 但是google了flight to quality是指refers to the herd-like behavior of investors to shift out of risky assets during financial downturns or bear markets.
