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OpenStudy (anonymous):
Credit spreads for B-rated bonds widen, from 320 bps for one year to 510 bps for 10-year, but then decline to 450 bps on 30-year. How do we explain shrinking spread after 10 years?
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OpenStudy (anonymous):
spreads shrink as a result of heightened demand. in light of this, consider macro conditions over the period under review.
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