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Your aunt has savings she wants to keep for one year before spending the money. She wants to be sure not to do anything risky,
Your aunt has savings she wants to keep for one year before spending the money. She wants to be sure not to do anything risky, so she wants to buy Treasuries, with no default risk. She has found that 10-year Treasury yields are higher than 1-year yields, so she wants to buy 10-year Treasury bonds. why that may be a risky move if she is only saving for 1 year. briefly explanation.
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