问题
单项选择题
Which of the following is NOT a reason bond market indexes are more difficult to create than stock market indexes()
A. Bond deviations tend to be relatively constant.
B. There is a lack of continuous trade data available for bonds.
C. The universe of bonds is always changing due to new issues, retired bonds, sinking funds and calls.
答案
参考答案:A
解析:
Bond prices are quite volatile as measured by the bond’s duration.