thommo77

I guess I am not really questioning whether Schweser is correct or not in this case - presume they are.

I am obviously missing something wrt UST being hot. If it's the most liquid, easily available security, not something that's hard to get your hands on, then why would be considered hot?

thommo77

FYI, this question is in their errata (it's pretty evident when you read their answer).

thommo77

the errata only mentions that the word "availability" should be used, but the explanation is correct.