Final answer:
Corporate bonds are the least secure, followed by municipal bonds, and treasury bonds are the most secure.
Step-by-step explanation:
The order of the bonds from least secure to most secure is: Corporate, Municipal, Treasury.
- Corporate bonds: These bonds are issued by companies and are considered to be riskier compared to municipal and treasury bonds. The interest rates on corporate bonds are usually higher, as compensation for the higher risk involved.
- Municipal bonds: These bonds are issued by local governments and are backed by the revenue generated from the projects they finance. While they are generally less secure than treasury bonds, they provide tax advantages for investors.
- Treasury bonds: These bonds are issued by the federal government and are considered to be the most secure. They have low default risk and are backed by the full faith and credit of the U.S. government.