标题: US bonds are a default free [打印本页] 作者: cjs238 时间: 2011-7-11 19:02 标题: US bonds are a default free
I was looking at an ethics question and they said that saying that the US government bonds are default free and are a guaranteed investment. Saying this to investors would not be a breach of ethics.
Is that still the case however? Given that bond rating agencies might downgrade the US government in a few years, does that still hold true with investors?作者: infinitybenzo 时间: 2011-7-11 19:02
Haha. I'm imaging CFAI doing a "stop the presses announcement" and reprinting the material for the upcoming exam.作者: Windjammer 时间: 2011-7-11 19:02
deriv108 Wrote:
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> The standard deviation of Risk Free Rate?
I dont get this joke?
Zero.作者: oneboy 时间: 2011-7-11 19:02
Risk free doesn't imply zero volatility. Today, the rf rate might be 3% and tomorrow, it might be 3.1%.作者: Roflnadal 时间: 2011-7-11 19:02
.....this is getting more complex and distant from the original post.
