Capital structure arbitrage is not a strategy to benefit from pr

inefficiency between stock and bond, but between one security against another security issued by the same company. Most capital structure arbitrage is exploiting pricing innefficiency between convertible bond and stock, junior bond and senior bond, etc. The strategy is very difficult to make money these days. 

Bond and Stock market arbitrage as a whole is just a fancy term.

所有跟帖： 

• 春妹想说的是arbitrage between stock market and treasury market -slow_quick- ♂ (0 bytes) () 02/04/2018 postreply 10:27:00

• 对， 我知道。 -autumnjune- ♀ (158 bytes) () 02/04/2018 postreply 10:43:38

• Capital structure arbitrage strategy between S&P 500的equity and -大观园的贾探春- ♀ (265 bytes) () 02/04/2018 postreply 11:01:31

• 我们一般分清equity, interest rate, credit。你原文说的是fed policy, 与interest -slow_quick- ♂ (0 bytes) () 02/04/2018 postreply 17:06:56

• 与interest rate关系大些 -slow_quick- ♂ (0 bytes) () 02/04/2018 postreply 17:08:49

• 我只是举例说明capital structure arbitrage的范围很大，不是要直接套用到我前面说的。 -大观园的贾探春- ♀ (0 bytes) () 02/05/2018 postreply 01:35:21