COVID-19 caused many state budgets to go into deficits. That lead to a concern that Multiple Choice 3-month Treasury interest rates would go negative. 10-year Treasury interest rates would go negative municipal bonds with adjustable rates would have their yields skyrocket. AAA corporate bond interest rates would go negative.
COVID-19 caused many state budgets to go into deficits. That lead to a concern that Multiple Choice 3-month Treasury interest rates would go negative. 10-year Treasury interest rates would go negative municipal bonds with adjustable rates would have their yields skyrocket. AAA corporate bond interest rates would go negative.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:COVID-19 caused many state budgets to go into deficits. That lead to a concern that
Multiple Choice
20
3-month Treasury interest rates would go negative.
10-year Treasury interest rates would go negative
municipal bonds with adjustable rates would have their yields skyrocket.
AAA corporate bond interest rates would go negative.
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