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What are speculative grade bonds

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Reference no: EM132709643

Question (1) What are "speculative" grade bonds?

Question (2) What are "spreads," how have they varied during the past several weeks, and why?

Question (3) What factors have contributed to the recent rally in bond prices (and associated declines in yields)?

Question (4) What are some of the concerns raised in the article with respect to the relationship between bond prices and the probability of default?

Attachment:- Wall Street Journal.zip

Reference no: EM132709643

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