Longer$-$term bonds have

$($smaller$/$greater$)$ interest rate sensitivity because a

smaller$/$larger$)$ portion of a bond's

value comes from the face amount.

In terms of time to maturity, U$.$S$.$ Treasury notes and bonds have initial maturities ranging from

years.

$2$ to $30$

$5$ to $25$

$5$ to $20$

$10$ to $30$