Which of the following is/are correct regarding interest rates? Select all that apply.

Which of the following is/are correct regarding interest rates? Select all that apply. Borrowers' preference for long duration and lenders' preference for short duration causes the term premium to be positive. | Bonds with greater default risk typically trade at lower yield-to-maturities. Prices of zero-coupon bonds are more sensitive to interest rate changes compared to coupon bonds with the same time to maturity. An inverted yield curve serves as a positive indicator for the future state of the economy. The yield curve is typically downward sloping. U