By the 2000s,an important market change occurred when investment banks became significant participants in the secondary market for
A)mortgages.
B)Treasury securities.
C)corporate bonds.
D)currency.

Question

Quizplus · Accepted Answer

By the 2000s, investment banks had become significant participants in the secondary market for mortgages, particularly through the securitization of mortgage-backed securities. This played a key role in the financial dynamics leading up to the 2008 financial crisis.

By the 2000s,an Important Market Change Occurred When Investment Banks