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A new auction of Treasury notes was just completed yesterday. The market yield for these notes is noticeably lower than older, seasoned Treasury bonds with
A new auction of Treasury notes was just completed yesterday. The market yield for these notes is noticeably lower than older, seasoned Treasury bonds with the same maturity as the newer notes. This pervasive phenomenon in the Treasury market is most likely due to differential _________ effects within the Treasury sector.
Group of answer choices
maturity
Federal reserve
default risk
liquidity
taxation
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