Federally-Sponsored Agency Debt

Multiple Choice

Federally-sponsored agency debt

A) is legally insured by the U.S. Treasury.
B) would probably be backed by the U.S. Treasury in the event of a near-default.
C) has a small positive yield spread relative to U.S. Treasuries.
D) would probably be backed by the U.S. Treasury in the event of a near-default and has a small positive yield spread relative to U.S. Treasuries.
E) is legally insured by the U.S. Treasury and has a small positive yield spread relative to U.S. Treasuries.