To judge what market prices of risk might be telling us, we try to understand how the resulting credit-risk premiums relate to other sources of information, such as the strength of business balance sheets, historical levels of risk premiums, and premiums observed in related markets, like that for equities.
As the marketing and communications experts in your respective banks, BMAP members can spearhead a concerted effort to ensure that bank stakeholders are kept abreast of market situation so that they can discern factual realities from fictional representations.