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If regulations restricting institutional investors to investment grade bonds were lifted, what do you think would happen to the spreads between yields on investment grade
If regulations restricting institutional investors to investment grade bonds were lifted, what do you think would happen to the spreads between yields on investment grade and speculative grade bonds? The spread between investment and speculative grade yields would (Click to select) . The change in institutional investors behavior would shift the (Click to select) curve for speculative grade bonds to the (Click to select) , (Click to select) prices and (Click to select) the yields.
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