Which of the following statements is FALSE? The federal government sells bonds to obtain financing. U.S. government securities carry a reduced risk of default. O Treasury securities may be purchased through banks or brokers. Individual investors who purchase U.S.government securities must hold the investments until maturity. U.S.government securities are considered a very conservative and safe investment. According to some financial experts, how much of an investment program should a 60-year-old invest in safe (non-growth) investments? 60% 30% 50% 70% 40%