Patricio ValenzuelaJavier MellaJuan Claveria2026-03-222026-03-22202410.2139/ssrn.4712125https://doi.org/10.2139/ssrn.4712125https://andeanlibrary.org/handle/123456789/84254enCredit riskBondFinancial systemBusinessCredit spread (options)EconomicsFinancial economicsMonetary economicsEconomic Uncertainty and Credit Risk: Evidence from International Corporate Bondspreprint