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Describe which of the following asset types are prone to contagion risk and why: sovereign bonds, senior unsecured bank bonds, municipal bonds, high-yield corporate bonds,
Describe which of the following asset types are prone to contagion risk and why: sovereign bonds, senior unsecured bank bonds, municipal bonds, high-yield corporate bonds, US Treasury bonds, bank COCO bonds, common stocks, commercial real estate, hedge funds, private equity.
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