1- Describe in your own words: currency risk.

2- Describe in your own words: foreign government debt risk.

3- An inverted yield curve usually is a predictor of a ______________________. (Fill in the blank.) (Online research may be required.)

4- What is the current interest rate spread between 1-Year U.S. Treasury Notes and 10-Year U.S. Treasury Notes? (Look at www.wsj.com, then Markets pull-down tab to Market Data then Rates)