More recently market participants have come to realize that the traditionally constructed Treasury yield curve is ________ measure of the relation between required yield and maturity with the key reason is that securities with the same maturity may actually provide ________.

Question

Quizplus · Accepted Answer

The question implies that the traditionally constructed Treasury yield curve may not always provide a satisfactory measure of the relation between required yield and maturity. Therefore, choice A is the most logical option as it suggests an "unsatisfactory" measure due to "different yields" among securities with the same maturity.

More Recently Market Participants Have Come to Realize That the Traditionally