BARRON'S CONFIDENCE INDEX


Meaning of BARRON'S CONFIDENCE INDEX in English

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.

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.