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The yield curve is a graph of bonds' rates of return against their times to maturity. The yield curve for U.S. Treasury bonds would typically______.
The yield curve is a graph of bonds' rates of return against their times to maturity. The yield curve for U.S. Treasury bonds would typically______.
*lie below a corporate bond yield curve*
be identical to a corporate bond yield curve
lie above a corporate bond yield curve
is irrelevant to investors
*why is the first option correct?*
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