(I)In most years,the rate of return on short-term Treasury bills is below that on the 20-year Treasury bond.
(II)Interest rates on Treasury bills are more volatile than rates on long-term Treasury securities.

Question

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Short-term Treasury bills typically offer lower returns than long-term Treasury bonds due to the lower risk and shorter maturity. Interest rates on Treasury bills are more volatile because they are more sensitive to changes in monetary policy and economic conditions.

(I)In Most Years,the Rate of Return on Short-Term Treasury Bills