Discuss your graphic results. During the last 15-year time period, when do you observe the highest spike of the spread? What do you think was driving the credit spread value to be so high at that time?

20200 Credit Spreads of Moody's Seasoned Baa Corporate Bond Yield vs 20-year I bonds 6.00 5.00 4,00 Rate % 3.00 und 2.00 1.00 0.00 2005-01-01 20701.09 2017-07-01 2018-01-01 6070 10-10stoz TO-CO-S TOZ 10-109102 0-20710 1020store 2010. 2010.07.0 2011-01-01 2011-07-01 2012-01-01 201907.0 202001-0 2018-01-03 2018-07-09 2016-07-01 2017-01-04 2005-07-01 2006-01-01 2008-07-01 2009-01-01