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Which of the following is NOT true regarding U . S . Treasury securities: The dealer spread between bid and ask price is larger than

Which of the following is NOT true regarding U.S. Treasury securities:
The dealer spread between bid and ask price is larger than in other sectors of the bond market.
The Department of Treasury is the largest single issuer of debt in the world.
Treasury securities are noncallable and so investors are not subject to call risk.
Fixed income principal securities include treasury bonds, bills, and notes.
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