Overweighting Bonds With Higher Spread?

I have one question from Curriculum EOC question, Question 5, Reading 21 in the Year 2020.

Question: The spread curve for US corporate bonds indicates that the average spread of five-year BB bonds exceeds the average spread of two-year BB bonds by +90 bps. Petit expects the difference between average credit spreads for these two sectors to narrow to +50 bps

Answer from EOC: overweighting US five-year BB bonds relative to US two-year BB bonds

My question is why we overweighting 5 year BB bonds? I thought it has higher spread and we should underweight it because of higher cost. Please correct me. Thank you

A dropping spread means lower interest rates, which means the value of the bond goes up. :moneybag:

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In addition to the wonderful @breadmaker, you can read furthermore on this thread.

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A higher spread means a higher discount rate: a lower cost, not a higher cost.

Higher spread = higher yield, all else equal.

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And nowadays you get the built-in Fed/ECB put as well, for free.