Tutorial | April 2004

Yield Curves and Bond Ratings Tutorial

by William E. Fruhan Jr.

Abstract

To preview this online product, Authorized Faculty can call our customer service department at 1-800-545-7685 or 617-783-7600. This online tutorial explains what drives the shape of the yield curve for traded debt securities. Also describes the metrics used by rating agencies to evaluate both corporate and sovereign debt. Presents data that show median values for a number of key rating metrics. To order this Web-delivered product, call our customer service department at 1-800-545-7685 or 617-783-7600.

Keywords: Bonds; Investment Return; Financial Services Industry;

Citation:

Fruhan, William E., Jr. Yield Curves and Bond Ratings Tutorial. Harvard Business School Tutorial 204-712, April 2004.