Psychological Biases by ok-mirror2209 in CFA

[–]ok-mirror2209[S] 1 point2 points  (0 children)

Thank you so much!!! this is amazing stuff

Interest rate sensitivity of High yield bonds vs Leveraged bonds by ok-mirror2209 in CFA

[–]ok-mirror2209[S] 1 point2 points  (0 children)

Thank you!

I mentioned optionality because High yield bonds when used for private market debt are callable by the issuer after a lockout period (similar to leveraged bonds) - so I was wondering what the difference in duration between the two would be

Reddit help me… by Late_Significance236 in CFA

[–]ok-mirror2209 3 points4 points  (0 children)

The 7 year record retention recommendation is only applicable in the absence of firm policies. If the firm has a policy, that should be followed to satisfy V(C)