Examlex
Which of the following statements is NOT true?
Treasury Bond
A long-term, fixed-interest government debt security with a maturity of more than 10 years issued by the U.S. Department of the Treasury.
Yield To Maturity
The total return anticipated on a bond if the bond is held until it matures, which includes all remaining coupon payments and the repayment of the principal.
Credit Risk
The risk of loss due to a borrower's failure to make payments on any type of debt.
Sovereign Default
The failure of a country's government to meet its bond payment obligations, or to honor its debt agreements.
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