Question

Compared to interest rates on long-term u.s. government bonds, interest rates on three-month treasury bills fluctuate ________ and are ________ on average. more; higher less; higher less; lower more; lower

Answer 1

The answer is " more; lower".

A Treasury bill (T-Bill) refers to a short-term debt commitment sponsored by the Treasury Dept. of the U.S. government with a development of less than one year, sold in sections of $1,000 up to a most extreme buying of $5 million. T-bills have different developments and are issued at a discount from standard.