Quickly apply original, key PMR-published papers with Snapshots—a short article companion that distills PMR research into compressed, digestible takeaways, so you can put the paper’s core ideas to work in your investment process—fast. This Snapshot article is based on research arguing that Bloomberg Default Grades provide stronger explanatory power for yield spreads and credit default swap (CDS) spreads than S&P or Egan-Jones ratings, while S&P ratings remain more effective than Egan-Jones ratings in identifying realized default events.
Derived from original PMR research written by Christian Hermann Hennings and Dirk Schiereck using AI and an editor (Wed,) studied this question.