When bond interest rates become less volatile, the demand for bonds rate and the interest increases; rises. increases, falls. increase; can't tell. decreases; rises decreases, falls decreases, can't tell. Question 16 3 pts The yield curve describes: the relationship between the interest rates on bonds with different default risks and different maturities the relationship between interest rates on bonds with different default risks and the same maturities the relationship among interest rates on bonds with identical default risk, but different maturities the differences between the interest rates on bonds with the same default risk and same maturities None of the answers