[Verse 1] When bonds stay quiet, rarely trade No prices flash upon the screen These sleeping giants need our aid To find their worth through what we've seen We hunt for twins with matching traits Same credit risk and payment dates [Chorus] Matrix pricing, fill the gaps between Comparable bonds reveal what's hidden, unseen Interpolation guides our calculation Similar yields across duration Matrix pricing, solve the mystery When markets sleep, we make discovery [Verse 2] Credit rating, sector match Maturity windows close enough Coupon payments we must catch When data points seem sparse and rough Plot the curve from known to known Bridge the void where prices roam [Chorus] Matrix pricing, fill the gaps between Comparable bonds reveal what's hidden, unseen Interpolation guides our calculation Similar yields across duration Matrix pricing, solve the mystery When markets sleep, we make discovery [Bridge] Five-year bond at four percent Seven-year shows five-point-two Six-year target, where's it bent? Four-point-six will see us through Linear math or curved decline Draw the dots and connect the line [Verse 3] Corporate bonds from same issuer Government benchmarks paint the floor Spread analysis makes us surer Risk premiums we can't ignore When liquidity runs dry and thin Proxy pricing lets us win [Chorus] Matrix pricing, fill the gaps between Comparable bonds reveal what's hidden, unseen Interpolation guides our calculation Similar yields across duration Matrix pricing, solve the mystery When markets sleep, we make discovery [Outro] Silent bonds still hold their value Matrix methods pierce right through Comparable data leads us true To prices fair and justified too
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