R16的第16题很困惑,Consumer spending 下降,对corporate fixed income market impact是positive的。答案解释是decrease in consumer spending will not place any upward pressure on corporate bond yields or inflation or generally impact a debt issuer’s ability to pay back the bondholders 影响还债能力,那么credit spread 增大,bond yield上升,价格下降啊,为什么是positive effect呢?