Economy & PolicyExtended setResearchNew

Baa Aaa Quality Spread Alfred Pit

Updated dailyData needs: lowlong onlyshort only
paper
1989
Source
Fama, E. F., French, K. R. (1989). "Business Conditions and Expected Returns on Stocks and Bonds." Journal of Financial Economics 25(1), 23-49.
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In plain terms

Research-only causal macro adaptation using exact ALFRED vintages. It is not a paper replication, production signal, or established alpha effect.

How it works

paper-measure adaptation: Fama-French 1989 JFE study default-premium business-cycle predictability and BAA10Y-AAA10Y equals BAA-AAA (10Y leg cancels), but the z thresholds, trend gates, directions, and 63d hold are Alphactor choices

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Data dependencies

  • Daily prices

    Adjusted-close OHLCV for every US-listed ticker; primary price feed.

  • Alfred series vintages

    A data feed this strategy reads, refreshed on its normal schedule.

Expected edge

No inherited alpha claim; evaluate this causal adaptation post-cost against legacy and controls.

Related families

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