Assume the 10year Treasury bond yield to maturity (YTM) is 4.54 percent, compared to 4.39 percent a
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Assume the 10‐year Treasury bond yield to maturity (YTM) is 4.54 percent, compared to 4.39 percent a week earlier. The yield has increased 15 basis points in a week, or 0.15 percent. Calculate the estimated price change of the bond.
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Investments Analysis And Management
ISBN: 9781118975589
13th Edition
Authors: Charles P. Jones, Gerald R. Jensen
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