Use a phrase from the table below to fill in the blanks in following statements. A phrase might be used more than once, or not at all. a. _are debt issued by the U.S. and are probably Municipal Bonds the safest investment in the world. b._ are debt that provide no cash flows until the date of maturity. _are attractive to high-income individuals because they are not subject to federal taxes. dor are bonds that are issued by foreign governments and are somewhat riskier for American investors due to exchange rate risk. are bonds that are very risky but can provide an exceptional rate of return if the issuer does not default on the debt. Possible Phrases agency bonds municipal bonds zero-coupon bonds junk bonds collateralized mortgage obligations asset-backed securites foreign bonds mortgage-backed bonds Treasury bonds Treasury strips