1. A publication has the yield on the 3-month Treasury bill at .090% and it also states the interest rates or yields on several short-term securities which are listed in the table. In the table, state the yield spread in basis points of the short-term securities relative to the 3-month Treasury bill. Then, list the characteristics that explain the yield spread and indicate whether the characteristic increases (+) or decreases (-) the return/yield of the short term securities relative to the 3-month Treasury, all else equal

Short-term securities	Interest rates or yields	Yield spread	Characteristics explaining the differences
1-year T- bills	.120%
3-month corporate triple-B rated bonds (Baa)	2.050%
3-month municipal single-A rated bonds	1.280%
1-year Argentinian government bonds	49.440%