Question: Base your answer on the following data set from the St. Louis Federal Reserve: Moody's Seasoned Baa Corporate Bond Yield Relative to Yield on 10-Year
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Base your answer on the following data set from the St. Louis Federal Reserve:
Moody's Seasoned Baa Corporate Bond Yield Relative to Yield on 10-Year Treasury Constant Maturity(BAA10Y)
Between 1/10/2020 and 3/23/2020 the cost of borrowing for companies with a Baa credit rating increased by over 500 basis points relative to the yield on 10-year U.S. Treasury bonds.
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