Plot the difference since 1979 between the Moodys Baa bond index (FRED code:BAA) and the U.S. Treasury

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Plot the difference since 1979 between the Moody’s Baa bond index (FRED code:BAA) and the U.S. Treasury 10-year bond yield (FRED code:GS10). Comment on the trend and variability of this “credit risk premium” (Chapter) before and after the 2007-2009 financial crisis.

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Money Banking and Financial Markets

ISBN: 978-0078021749

4th edition

Authors: Stephen Cecchetti, Kermit Schoenholtz

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