- CFA Exams
- CFA Level I Exam
- Study Session 13. Fixed Income (2)
- Reading 35. Credit Analysis Models
- Subject 6. The term structure of credit spreads
CFA Practice Question
For most investment grade securities, the credit term structure tends to be:
B. slightly downward sloping
C. flat or slightly upward sloping
A. steep and upward
B. slightly downward sloping
C. flat or slightly upward sloping
Correct Answer: C
These highly rated securities have extremely low credit spreads.
User Contributed Comments 0
You need to log in first to add your comment.