![arbitrage - Why was CDS-bond basis close to zero before the financial crisis? - Quantitative Finance Stack Exchange arbitrage - Why was CDS-bond basis close to zero before the financial crisis? - Quantitative Finance Stack Exchange](https://i.stack.imgur.com/mLYyD.jpg)
arbitrage - Why was CDS-bond basis close to zero before the financial crisis? - Quantitative Finance Stack Exchange
![CDS-Bond Basis Dynamic and Credit Spread Price Discovery: A Test for European Corporate and Sovereign Bond Markets CDS-Bond Basis Dynamic and Credit Spread Price Discovery: A Test for European Corporate and Sovereign Bond Markets](https://html.scirp.org/file/8-7202238x17.png)
CDS-Bond Basis Dynamic and Credit Spread Price Discovery: A Test for European Corporate and Sovereign Bond Markets
![The CDS‐Bond Basis Arbitrage and the Cross Section of Corporate Bond Returns - Kim - 2017 - Journal of Futures Markets - Wiley Online Library The CDS‐Bond Basis Arbitrage and the Cross Section of Corporate Bond Returns - Kim - 2017 - Journal of Futures Markets - Wiley Online Library](https://onlinelibrary.wiley.com/cms/asset/1f713239-5350-45f1-ae7f-2f4a249a31bf/fut21845-fig-0001-m.jpg)
The CDS‐Bond Basis Arbitrage and the Cross Section of Corporate Bond Returns - Kim - 2017 - Journal of Futures Markets - Wiley Online Library
![CDS-Bond Basis Dynamic and Credit Spread Price Discovery: A Test for European Corporate and Sovereign Bond Markets CDS-Bond Basis Dynamic and Credit Spread Price Discovery: A Test for European Corporate and Sovereign Bond Markets](https://html.scirp.org/file/8-7202238x14.png)