QUESTION 1

1. What are the risks of investing in U.S. Treasury bills? Select all that apply.

   		Interest rate risk
   		Liquidity risk
   		Inflation risk
   		Default risk

1 points

QUESTION 2

1. Why do interest rates spread? Select all that apply.

   		Inflation risk differences
   		Default risk differences
   		Liquidity risk differences
   		Interest rate risk differences

1 points

QUESTION 3

1. Why is the 4-week U.S. T-bill yield different from the 10-year U.S. T-note yield? Select all that apply.

   		Inflation risk differences
   		Default risk differences
   		Liquidity risk differences
   		Interest rate risk differences

1 points

QUESTION 4

1. What information is primarily conveyed by the U.S. Treasury yield curve? Select all that apply.

   		Default expectations
   		Liquidity expectations
   		Interest rate expectations
   		Inflation expectations