The historical yield spread between AAA bonds and Treasury bonds widened dramatically in 2008. If you believe

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The historical yield spread between AAA bonds and Treasury bonds widened dramatically in 2008. If you believe the spread will soon return to more typical historical levels, what should you do? This would be an example of what sort of bond swap?

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Investments

ISBN: 9780073530703

9th Edition

Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

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