Multiple Choice Question Which of these best summarizes market performance for the period 1950-2012?

A)Long-term Treasury bonds outperformed T-bills during every decade.

B) T-bills produced more stable returns in the short-run and outperformed long-term Treasury bonds for the period.

C) Long-term Treasury bond returns were less volatile in the short-run but produced the highest long-run average rate of return.

D) The returns on the S&P 500 were more volatile than long-term Treasury