Risk premiums on corporate bonds are usually anticyclical
Risk premiums on corporate bonds are usually anticyclical; that is, they decrease during business cycle expansions and increase during recessions. Why is this so?
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risk premiums on corporate bonds are usually anticyclical that is they decrease during business cycle expansions and
ldquoif bonds of different maturities are close substitutes their interest rates are more likely to move
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if yield curves on average were flat what would this say about the liquidity premiums in the term structurewould you be
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