Index measuring the ratio of the average yield on 10 top-grade bond s 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.
BARRON'S CONFIDENCE INDEX
Meaning of BARRON'S CONFIDENCE INDEX in English
Campbell R. Harvey. Hypertextual finance English glossary. Английский словарь гипертекстовых финансов. 2012