Primary Article
Defaults and Returns on High-Yield Bonds
Edward I. Altman and Gaurav Bana
The Journal of Portfolio Management Winter 2004, 30 (2) 58-73; DOI: https://doi.org/10.3905/jpm.2004.319931
Edward I. Altman
The Max L. Heine professor of finance, and director of the NYU Salomon Center at the Leonard N. Stern School of Business Program in Fixed Income and Credit Markets.
Gaurav Bana
An associate at ABN Amro in New York City.
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In this issue
Defaults and Returns on High-Yield Bonds
Edward I. Altman, Gaurav Bana
The Journal of Portfolio Management Jan 2004, 30 (2) 58-73; DOI: 10.3905/jpm.2004.319931