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Hi, I'm working on this question and I got stuck on this 13) The following figure describes the risk premium in bond market in Korea

Hi, I'm working on this question and I got stuck on this

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13) The following figure describes the risk premium in bond market in Korea during the early stage of the pandemic caused by covid-19 in the early 2020. Provide the explanations for the empirical findings using the theories that we studied in classes. (20 points)| 7.4 Risk premium(BBB-, Korea) 7.3 7.2 7.1 7 6.9 6.8 6.7 6.6 -Risk premium(BBB-, Korea) 6.5 6.4 6.3 01-02 01-16 01-30 02-13 02-27 03-12 03-26

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