i am getting very confused w/ the interpretation of the OAS spread w/ regard to what bencjmark you are using. like if you are using the treasury secrities as the benchamrk, then if the oas spread >0 and you benchamrk is < somwthing then it is undervalued… HUH can someone make me grasp this… it is hurting my head…
Search button: OAS http://www.analystforum.com/phorums/search.php?12,search=oas,page=1,match_type=ALL,match_dates=90,match_forum=THISONE yields: http://www.analystforum.com/phorums/read.php?12,668687,668737#msg-668737 http://www.analystforum.com/phorums/read.php?12,662562,663345#msg-663345 etc, etc.