The combination of the decreased risk and the increased profitability of bond market making has induced the major market markets to deemphasize this business in the allocation of capital.

Question

Quizplus · Accepted Answer

The combination of decreased risk and increased profitability would typically encourage major market makers to emphasize, rather than deemphasize, bond market making in the allocation of capital, as it becomes a more attractive investment.

The Combination of the Decreased Risk and the Increased Profitability