52．Would credit spreads most likely widen during an economic:

Select exactly 1 answers from the following: A. B. C. D.
答案和详解如下！
Feedback: Correct answer: C

Fixed Income Analysis for the Chartered Financial Analyst?/SUP> Program, 2nd edition, Frank J. Fabozzi (Frank J. Fabozzi Associates, 2004), pp. 105

2006 Modular Level I, Vol. IV, pp. 118-119

Study Session 14-65-c

explain why investors may find a relative yield spread to be a better measure of yield spread than the absolute yield spread, distinguish between an intermarket and intramarket sector spread, and describe a credit spread and discuss the suggested relationship between credit spreads and the economic well being of the economy

Credit spreads tend to widen during an economic contraction but tend to narrow during an economic expansion.

c

b

c