Yield spreads were at their widest during the Great Depression.

Name: Yield spreads were at their widest during the Great Depression.
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Yield spreads, which measure the difference in yields between different types of fixed-income securities, were at their widest during the Great Depression. This was due to the economic instability and widespread defaults of the time, causing investors to demand higher yields for taking on more risk.

Yield Spreads Were at Their Widest During the Great Depression