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高收益债券在发达国家金融市场已经成为一类重要的融资工具。随着近年来国内债券市场的迅速发展,高收益债券受到我国社会各界越来越多的关注和重视。关于高收益债券的发展和运行机制以及风险控制,20世纪80、90年代以来,国内外已经有学者展开探讨,相关研究文献不断涌现,涉及高
High-yield bonds have become an important type of financing tool in the financial markets of developed countries. With the rapid development of the domestic bond market in recent years, high-yield bonds have drawn more and more attention and attention from all walks of life in our country. As for the development and operation mechanism of high-yield bonds and risk control, there are some scholars both at home and abroad since the 1980s and 90s, and the related research literature is constantly emerging, involving high