The risk structure of interest rates describes The relationship between yield and maturity The relationship between yield on Treasury bonds and Treasury notes The convexity of bonds issued only by corporations None of the above An expectation that interest rates will fall in the market generally leads to a narrowing in the spread between corporate and U.S. government bonds of the same maturity. True False Credit derivatives are financial contracts that seek to protect lenders against default risk. True False Which of the following is a type of credit derivative? [I] Credit default swap [II] Total return swap [III] Stock index option [IV] Commodity futures contract I and II II and III III and IV I and IV None of the above When economic and financial conditions suggest to investors that uncertainty has increased and business prospects are less robust, the market translates these opinions into lower default-risk premiums. True False