The Determinants of Corporate Bond Returns - a Literature Review

Abstract

In this paper, we conduct a comprehensive survey and evaluation of recent empirical studies exploring the factors influencing cross-sectional corporate bond returns, including recent techniques for estimating bond returns. Our focus is on signals that have demonstrated statistical significance in predicting these returns, having undergone peer review processes, such as publication in academic or industry journals.

Keywords: Factor Pricing, Corporate Bond Returns, Machine Learning, Literature Review