1. YIELD CURVES AND BOND RATINGS An Online Tutorial #204712 1 Yield Curves and Bond Ratings explains what drives the shape of the yield curve for traded debt securities, and describes the metrics used by rating agencies to evaluate both corporate and sovereign debt. The tutorial covers: Curve level Market segmentation Liquidity preference Inflation expectations Rating metrics Default history Yield spreads Sovereign debt

2. YIELD CURVES AND BOND RATINGS An Online Tutorial #204712 2 The Student Experience Narrated animations, tables, and graphs strengthen students’ understanding of the material. The process of adoption and delivery is simple. Students can access online tutorials via the HBSP web site.

3. YIELD CURVES AND BOND RATINGS An Online Tutorial #204712 3 Order and Exam Copy Information To purchase this online tutorial, click here. To request exam copy access to this tutorial, Authorized Faculty can call 800-545-7685 (outside the United States and Canada, 617-783-7600).click here A Teaching Note is available for Authorized Faculty. Tutorial product #204712