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The sign on the bus says, "Am I driving courteously? If not, call 1-800- BUSRIDE." What function does this sign serve?
Bond Rating Agencies
Organizations that assess the creditworthiness of both corporate and governmental bonds, issuing ratings that affect interest rates and investment attractiveness.
Upward Sloping Term Structure
A situation in the bond market where longer-term debt securities yield higher returns than shorter-term ones, indicative of normal market conditions.
Interest Rates
The amount charged by lenders as a percentage of the principal, which borrowers pay for the use of assets.
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