Variables that influence demand for bonds Change in Quantity Demanded (Up or Shift in Demand Curve (Right Down) or Left) Change in Variable Up Variable Interest Rate (Up or Down) Up Up Wealth Expected Relative Return Expected Interest Rate Inflation Expectations Relative Risk Relative Liquidity Up Up Up Variables that influence demand for bonds Change in Quantity Demanded (Up or Shift in Demand Curve (Right Down) or Left) Change in Variable Up Variable Interest Rate (Up or Down) Up Up Wealth Expected Relative Return Expected Interest Rate Inflation Expectations Relative Risk Relative Liquidity Up Up Up