Newly-issued 30-year Treasury bonds (usually referred to as "on the run" bonds) typically carry lower market interest yields than ("off the run") 30-year Treasury bonds which were issued in the past. This is because:
A) The newer bonds tend to pay lower coupons
B) The new issue is more readily available, hence, more liquid
C) The government now has a balanced budget
D) All of the above
E) None of the above
Correct Answer:
Verified
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