NO.PZ2023120801000102
问题如下：
Credit spreads are most likely to narrow during:
选项：
A.
economic contractions.
B.
economic expansions.
C.
a period of flight to quality.
解释：
Correct Answer: B
Credit spreads narrow during economic expansions andwiden during economic contractions. During an economic expansion, corporaterevenues and cash flows rise, making it easier for corporations to servicetheir debt, and investors purchase corporates instead of Treasuries, thuscausing spreads to narrow.
想问下选项C是什么个情况？