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A 3-month zero-coupon bond is selling for $99.4 and a 10-year zero-coupon bond is selling for $70.0. Both bonds have a face value of $100.
A 3-month zero-coupon bond is selling for $99.4 and a 10-year zero-coupon bond is selling for $70.0. Both bonds have a face value of $100. What's the 10-year - 3-month spread in their yields? Answer in percent, rounded to one decimal place.
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