Handles analysis of corporate bonds and credit instruments, from investment grade to high yield debt. Triggers on questions about credit spreads (G-spread, Z-spread, OAS), credit ratings, callable bonds, covenants, and private credit. The skill differentiates between spread measures properly, which matters because G-spread overstates true compensation in steep curve environments and OAS is what you need for callable bonds. Covers the mechanics of default probability and recovery rate calculations, plus practical details like why BBB/BB downgrades force institutional selling. Works for both public corporate debt and private credit questions. Useful when you need to explain why a credit spread is what it is or compare competing spread measures.
npx skills add https://github.com/joellewis/finance_skills --skill fixed-income-corporate