id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
cblr-2912	Hartzmark, Michael; Schipani, Cindy A.; Seyhun, H. Nejat	Fraud on the Market: Analysis of the Efficiency of the Corporate Bond Market	2012	63	.pdf	application/pdf	22077	958	58	Although the Cammer factors can be used to analyze bond market efficiency, they require adjustments to account for these differences, such as the domination of institutional trading activity in bond markets and bond covenants and convertibility, that complicate simple pricing models. Source: Bloomberg and TRACE B. Applying the Cammer Factors to the Bond Market This section examines the important components of the operational and price-related Cammer factors and highlights the need for additional empirical analyses or background on bond pricing theory when differentiating between the stock and bond markets.	cache/cblr-2912.pdf	txt/cblr-2912.txt