Figure 14.1: BAA and 10-Year Bonds, 2006-2010
-Consider Figure 14.1. What event likely caused the financial friction to jump to about 6 percent?
A) the financial crisis in September 2008
B) growing unrest in the Middle East
C) the Greek financial crisis
D) the growing trade deficit with China
E) Not enough information is given.

Question

Figure 14.1: BAA and 10-Year Bonds, 2006-2010  
-Consider Figure 14.1. What event likely caused the financial friction to jump to about 6 percent?
A) the financial crisis in September 2008 
B) growing unrest in the Middle East 
C) the Greek financial crisis 
D) the growing trade deficit with China 
E) Not enough information is given.

Quizplus · Accepted Answer

The financial friction jumped to about 6 percent around September 2008, which was the time of the financial crisis.

Figure 141: BAA and 10-Year Bonds, 2006-2010