In examining the yield curve for U.S. Treasury securities, we find all of the following...

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Finance

In examining the yield curve for U.S. Treasury securities, we find all of the following except which one?

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  • Long-term yields tend to be higher than short-term yields.

  • Interest rates of different maturities tend to move together.

  • Long-term rates tend to equal short-term rates.

  • Yields on short-term securities are more volatile than yields on long-term bonds.

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