Get confused about this question in mock. Could anyone tell me the logics behind the below statements, please?
credit bullets in conjunction with long-end treasury structures are used in a barbell strategy. (correct)
callable bonds privde a spread premium that can be valuable to an investor during periods of rising interest rate volatility. (incorrect)
put structures will provide investors with some protection in the event interest rates rise sharply but not if the issure has an uexpected credit event. (incorrect)