- CFA Exams
- CFA Exam: Level I 2021
- Study Session 15. Fixed Income (2)
- Reading 47. Fundamentals of Credit Analysis
- Subject 5. Credit Risk vs. Return: Yields and Spreads
CFA Practice Question
Which factor has the biggest impact on the liquidity component rather than on the credit spread component of yield spread?
B. broader economic conditions
C. general market supply and demand
A. financial market performance overall
B. broader economic conditions
C. general market supply and demand
Correct Answer: C
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