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If the yield spread between the AAA corporate bonds and the government bonds with similar features (coupon, maturity, and so on) is deemed too large,

"If the yield spread between the AAA corporate bonds and the government bonds with similar features (coupon, maturity, and so on) is deemed too large, compared to the historical average spread under similar economic condition, investors may sell their Treasury bonds and replace them with the corporate bonds." True or false?

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