Intermarket sector spread

Definition:

The spread between the interest rate offered in two sectors of the bond market for issues of the same maturity. For example, a spread between AA bonds and BBB bonds.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Annual meeting

Meeting of stockholders held once a year at which the managers of a company report to the stockholders on the year's results.

Subscribe to the Term of the Day via email Get the Term of the Day in your inbox!


Create your free portfolio