Barron's confidence index
Index measuring the ratio of the average yield on 10 top-grade bonds to the average yield on 10 intermediate-grade bonds. The discrepancy between high-rated top-grade bonds and low-rated bond yields establishes a measure that is indicative of investor confidence.
Nearby TermsBARRA's performance analysis (PERFAN) Barrier options Barron's confidence index Barter Base
Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University