Liquidity Preference Theory Suggests That When Bond Investors Move from Short-Term

Liquidity preference theory suggests that when bond investors move from short-term securities to long term securities

A) they are expecting short-term rates to fall.
B) they are expecting long-term rates to rise.
C) they believe that they can earn a higher rate of return over the long term by buying bonds with longer maturities than they could by buying a series of short-term investments.
D) they want to be protected from the risk of falling bond prices in the future.