题目
Credit spreads are most likely to widen:
选项
A.in a strengthening economy.
B.as the credit cycle improves.
C.in periods of heavy new issue supply and low borrower demand.
答案
C
解析
： C is correct. In periods of heavy new issue supply, credit spreads will widen if demand is insufficient. ： 这道题目问的是信用利差最有可能扩大： C是正确的。在新股供应旺盛的时期，如果需求不足，信用利差将扩大。