Addressing pricing and valuations in fixed income

It is hard to think of another issue that has been deliberated over more than the need for accurate pricing and valuations in fixed income. In fact, it seems to have been talked about so much, that discussion now overrides concrete decisions about finding a solution to this long-standing problem. The truth is that, like with so many issues relating to market structure, the bigger the problem the harder it is to actually come up with a definitive solution. However, with investors scrutinising performance daily, there has never been a more pressing need to address pricing issues in fixe...