Which two of the following are the largest categories of fixed-income securities in the U.S.?
I. U.S. government debt
II. corporate debt
III. municipal government debt
IV. real estate mortgage debt
A)I and II only
B)I and III only
C)III and IV only
D)I and IV only
E)II and IV only

Question

Quizplus · Accepted Answer

U.S. government debt and real estate mortgage debt are the largest categories of fixed-income securities in the U.S. U.S. government debt includes Treasury bonds, notes, and bills, which are substantial due to the government's borrowing needs. Real estate mortgage debt encompasses both residential and commercial mortgages, making it a significant portion of the fixed-income market.

Which Two of the Following Are the Largest Categories of Fixed-Income