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A hedge fund manager who believes 10-year interest rates are likely to rise will most likely do the following transaction. Buy US 10-year Treasury Notes.

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A hedge fund manager who believes 10-year interest rates are likely to rise will most likely do the following transaction. Buy US 10-year Treasury Notes. Receive a fixed rate vs, paying a floating rate in a 10-year interest rate swap. Pay a fixed rate vs. receiving a floating rate in a 10 -year interest rate swap

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