Why do 20-years bonds issued by the US government have lower rates of return than 20-year bonds issu… Show more Why do 20-years bonds issued by the US government have lower rates of return than 20-year bonds issued by corporations? And which would you consider more likely, that longer-term US government bonds have a higher interest rate than short-term US government bonds, or vice versa? Explain (In this chapter we discussed short-term US government bonds. But the US government also issues longer-term bonds with horizons of up to 30 years.) • Show less