问题如下:
Which of the following situations will narrow the credit spreads?
选项:
A.The economy is worsening.
B.The financial markets are weak.
C.It exists a well credit status in the market.
解释:
C is correct.
As the credit cycle improves, credit spreads will narrow. At or near the top of the credit cycle, the financial markets believe that the risk is very low which means the credit spreads will narrow too.
老师麻烦解释一下第三个选项,没太明白字面意思。谢谢。