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Basic Question 3 of 12

Which factor has the biggest impact on the liquidity component rather than on the credit spread component of yield spread?

A. financial market performance overall
B. broader economic conditions
C. general market supply and demand

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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes

Barnes

Learning Outcome Statements

describe macroeconomic, market, and issuer-specific factors that influence the level and volatility of yield spreads

CFA® 2025 Level I Curriculum, Volume 4, Module 14.