Published Nov 18, 2021

Here's Why It's So Hard to Fix the Corporate Bond Market

Explore the intricate challenges of the corporate bond market through the lens of agency problems and regulatory obstacles, as former SEC Chief Economist Larry Harris delves into the political and competitive influences stifling transparency and reform efforts.

Episode Highlights

Topics covered

Episode Highlights

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Dexa/Odd Lots

Here's Why It's So Hard to Fix the Corporate Bond Market

Topics covered

Popular Clips

Evolution of Bond Trading

Financial Advisor Success

Improving Bond Markets

Market Agency Problems

Bond Market Transparency

Bond Market Evolution

Market Innovation Potential

Bond Pricing Insights

Bond Price Transparency

Electronic Market Competition

Bond Market Dynamics

Market Modernization Efforts

Dealers' Informational Power

Unraveling Bond Risks

Corporate Bond Market

Episode Highlights

Agency Problems

Regulatory Challenges

Corporate Bond Market

Related Episodes

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This Explains Why Modern Markets Developed Where They Did

How Bond Defaults Are Changing China's Markets

Harley Bassman on Why the Big Moves in the Bond Market Are Done

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Why the True Price of a Bond Can Still Be Hard To Know

Episode 2: Under the Hood of the $8 Trln Corporate Bond Market

A Longstanding Fear About The Corporate Debt Market May Finally Be Coming True

Why So Many Emerging Markets Are Blowing Up Right Now

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Josh Younger Explains Why the Bond Market Has Been So Volatile

Why Value Investing Has Been Doing Terribly

Here’s What’s Happening With Those Korean Structured Notes That Bet Against Market Volatility

Here's Why It's So Hard to Fix the Corporate Bond Market

Topics covered

Popular Clips

Episode Highlights

Agency ProblemsThe corporate bond market faces significant challenges due to agency dilemmas and informational asymmetry. Larry Harris discusses how these issues hinder competition and transparency, suggesting that regulatory intervention might be necessary to foster a more equitable market.

Agency Problems

Regulatory ChallengesLarry Harris discusses the challenges faced by the SEC in reforming the corporate bond market. He highlights the political influences and vested interests that hinder transparency and efficiency improvements.

Regulatory Challenges

Corporate Bond MarketLarry Harris, a former Chief Economist at the SEC, discusses the challenges in reforming the corporate bond market. He highlights the resistance to modernization efforts and the complexities of trading practices that hinder progress.

Corporate Bond Market

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