hich of the following statements is CORRECT? O a. Inverted yield curves can exist for Treasury bonds, but because of default premiums, the corporate yied curve can never be inverted. d curve is that investors expect inflation to decrease. O c. The most likely explanation for an inverted yield curve is that investors expect inflation to increase. O d. If the yield curve is inverted, short-term bonds have lower yields than long-term bonds. O e. The higher the maturity risk premium, the higher the probability that the yield curve will be inverted. Or lcon Ke b Multiple Choice 05-094