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    Exam 5: The Risk Structure and Term Structure of Interest Rates
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    The Difference Between the Yield on 3-Month Treasury Bills and 10-Year
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The Difference Between the Yield on 3-Month Treasury Bills and 10-Year

Question 90

Question 90

Multiple Choice

The difference between the yield on 3-month Treasury bills and 10-year Treasury notes is largest typically during


A) recessions.
B) expansions.
C) periods of high inflation.
D) when the yield curve is inverted.

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