Atwood and Spearman, Inc. bonds are selling for more than Boehm and Bull, Inc. bonds. The difference in yields between these two bond options is known as the

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The difference in yields between two bond options is referred to as the "default risk premium spread." This term specifically captures the additional yield investors demand for bearing the higher default risk associated with one bond compared to another, reflecting the perceived difference in creditworthiness between the issuers.