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A. Based on the variables used to construct this graph, how do you interpret the y-axis, Percent? (2 points) B. Why does BAA10Y have higher

A. Based on the variables used to construct this graph, how do you interpret the y-axis, "Percent?" (2 points) B. Why does BAA10Y have higher percent yields than AAA10Y? (3 points) C. During the 2008 Financial Crisis what was the largest difference in bond yield, BAA vs AAA? (2 points) D. Why do you think the BAA bonds in 2008 to 2009 produced a much higher yield? (2 points)

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