The _________ is the difference between the promised yields of risky bond issues at a given time relative to yields on Treasury issues of equal maturity.

Question

Quizplus · Accepted Answer

Yield spread is the difference between the yields of two types of bonds, in this case, the risky bond issues compared to the Treasury bonds of equal maturity. The other choices are not relevant to the definition provided in the question.

The _________ Is the Difference Between the Promised Yields of Risky