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book Macroeconomics 12th Edition by Michael Parkin cover

Macroeconomics 12th Edition by Michael Parkin

Edition 12ISBN: 978-0133872279
book Macroeconomics 12th Edition by Michael Parkin cover

Macroeconomics 12th Edition by Michael Parkin

Edition 12ISBN: 978-0133872279
Exercise 4
Treasury Yields Fall to Two-Week Low
Treasury bond prices rose on Monday, pushing interest rates down. The interest rate on 10-year bonds fell 4 basis points to 1.65%.
Source: The Wall Street Journal , August 27, 2012
What is the relationship between the price of a treasury bond and its interest rate Why does the interest rate move inversely to price
Explanation
Verified
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The price of an asset is inversely relat...

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Macroeconomics 12th Edition by Michael Parkin
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