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anyanavicka [17]
2 years ago
12

A portfolio manager sells Treasury bonds and buys corporate bonds because the spread between corporate- and Treasury-bond yields

is higher than its historical average. This is an example of ________ swap.
Business
1 answer:
Kobotan [32]2 years ago
7 0

Answer: The correct answer is "an intermarket spread".

Explanation: This is an example of <u>an intermarket spread</u> swap.

  • An intermarket spread swap, is the exchange of 2 bonds within different parts of the same market in order to obtain a higher yield.
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