In 2022, the average daily trading volume of US corporate bonds was over $35 billion. In comparison, around $600 billion in U.S. Treasuries are traded each day. The majority of U.S. Treasuries traded are "T-Bills," which are short-term treasuries. US Treasuries are deemed one of the safest assets in the world, and much safer than corporate bonds. In each question, cite one of the three types of bond risk to explain why corporate bonds are not deemed as safe as U.S. Treasuries. a. U.S. corporate bonds have high compared to U.S. Treasuries because corporations must acquire the funds needed to pay back their debts. Meanwhile, U.S. government bond debts are denominated in U.S. dollars, and they control the printing of the currency. b. Some U.S. Treasuries, such as T-bills, have low because they have maturity dates of one year or less. While the corporate bond analogous to T-bills is called commerical paper, the average duration of U.S. corporate bonds reached 8 years in 2021. c. U.S. corporate bonds have higher b