Question: Based on the curves, what is the spread pattern between gu arnment and corporate bonds? The spreads are narrow in the short - term and

Based on the curves, what is the spread pattern between
gu arnment and corporate bonds?
The spreads are narrow in the short-term and then gradually widen in the long-term
making it relatively less attractive for corporations to borrow in the long-term.
The spreads are wide in the short-term and then gradually decrease in the long-term
making it relatively more attractive for corporations to borrow in the long-term.
The spreads are narrow' in the short-term and then gradually widen in the long-term
makina it relativelv more attractive for corporations to borrow in the long-term.
 Based on the curves, what is the spread pattern between gu

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