You are spread trading. In each case ,state which bond/note you buy and which you sell short. A) You believe that the market is over-estimating the probability of Italy defaulting on its Treasury bonds. You also believe that the market will re-adjust its opinion to match yours. You have 10 year Italian Treasuries and 10 year German Treasuries available. B) You believe that due to low interest rates, investors have been "chasing yield" for the last few years. You also believe that investors are going to continue chasing yield aggressively. You have available 5-year BB corporate bonds and 5-year Treasury notes. C) You believe that the term structure of interest rates will become more upward sloping in the near term. You have available 2-year Treasury notes and 10-year Treasury notes.