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During the second quarter of 2020, investment grade corporate bonds posted near record quarterly returns due to the incredible levels of corporate bond credit spread

During the second quarter of 2020, investment grade corporate bonds posted near record quarterly returns due to the incredible levels of corporate bond credit spread tightening. What was one of the main drivers of this return in the second quarter?

Fall in interest rates

Recovery in the United States GDP figures

Federal Reserves involvement in the market

Greatly reduced default risk

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