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Which of the following does NOT explain the pattern in the graph from 2008 to 2009? Expectations theory A widening in spreads An increase in

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Which of the following does NOT explain the pattern in the graph from 2008 to 2009? Expectations theory A widening in spreads An increase in the default risk premium A flight to quality All of the above DO explain the pattern in the graph from 2008 to 2009

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