单选题
Which of the following is NOT a reason bond market indexes are more difficult to create than stock market indexes? A. Bond deviations tend to be relatively constant. B. There is a lack of continuous trade data available for bonds. C. The universe of bonds is always changing due to new issues, retired bonds, sinking funds and calls.
【正确答案】
A
【答案解析】Bond prices are quite volatile as measured by the bond's duration.