A Finance Professor's blog.
I am a Professor of Finance in the Poole College of Management at NC State University.
My website: https://sites.google.com/ncsu.edu/warr
Opinions are my own.
Tuesday, November 16, 2010
PIG spreads
A graph showing the yield spreads of the government bonds of 3 PIGs (Portugal, Ireland and Greece).
It's not pretty. But it shows a fundamental premise of finance. Ex-ante, you should get compensated for risk.
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