Why isn't the Treasury yield curve used as a benchmark in measuring yield spreads between different sectors

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Why isn't the Treasury yield curve used as a benchmark in measuring yield spreads between different sectors of the municipal bond market?

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Foundations Of Financial Markets And Institutions

ISBN: 9780136135319

4th Edition

Authors: Frank J Fabozzi, Franco G Modigliani, Frank J Jones

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Question Posted: Mar 02, 2024 05:00 AM

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Why isn't the Treasury yield curve used as a benchmark in measuring yield spreads between different sectors

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Foundations Of Financial Markets And Institutions

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