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- W2915488087 abstract "Nineteen-ninety five was an excellent year for the high yield market with relatively low defaults combined with returns of almost 20%, the highest since 1991. When viewed in comparative terms with other fixed income securities markets, however, the high yield debt market s performance in 1995 was not exceptional. This report documents the high yield debt market s risk and return performance by presenting default and mortality statistics and providing a matrix of average returns and other performance statistics over the relevant periods of the market s evolution. Our analysis covers the period 1971-1995 for defaults and 1978-1995 for returns." @default.
- W2915488087 created "2019-03-02" @default.
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- W2915488087 date "1995-01-01" @default.
- W2915488087 modified "2023-09-23" @default.
- W2915488087 title "Defaults and Returns on High Yield Bonds: Analysis Through 1995" @default.
- W2915488087 hasPublicationYear "1995" @default.
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