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treasury securities - invested with certainty usually...

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I think the 20-year has more price risk. If interest rates rise, the price of the bond will fall more than the price of the one-year. But the one year has more reinvestment risk. If interest rates fall, then you have to reinvest at a lower rate and may not meet your investment objective. Most investors' prime goal is to maximize returns on a given level of risk. Most investors who want to make sure that they get their
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Unformatted text preview: invested with certainty usually invest in treasury bills. Treasury bills are debt instruments issued by the U.S federal government in order to raise money and pay off its maturing debts. Treasury bills are the safest and most secure type of investment with a minimal level of risk. Its low risk is due to the credit of the U.S government insuring that all investments and interest would be paid on time....
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