SSRNLLMs & Text
Large Language Models and Information Frictions in Corporate Bonds
Shows that large-language-model scores of default risk from earnings calls predict bond rating migration one year ahead where analysts disagreed, capturing information not yet priced in spreads.
Featured in No. 134 on 9 Oct 2026 · 2 days after release
- Released
- 7 Oct 2026
- First featured
- No. 134 · 9 Oct 2026
- Published in
- Not yet, as far as Semantic Scholar knows
- Fanfare
- 2 of 5
- Identifier
- SSRN 7577906
- Authors
- Moazzam Khoja
Citations and venue from Semantic Scholar (ODC-BY), refreshed weekly. Summary: Quant Letter (CC BY 4.0).