Sentences with phrase «yield over other options»
During the year, municipal bonds enjoyed being one of the «risk off» asset classes and as low and negative yields permeated the global bond markets municipal bonds became a source for incremental yield over other options.
http://www.indexologyblog.com/ Not exact matches
Seemingly, this behavior might be construed as not leading to outperformance over time, because every spike in option - adjusted spread (OAS), a standard measure of the yield premium required by high - yield bondholders, would tend to eventually retract, and gains could easily be wiped out by symmetrical losses on the other side.