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In an inverted yield curve environment where the three month short term risk free rate is 3% and the 10 year note has a current
In an inverted yield curve environment where the three month short term risk free rate is 3% and the 10 year note has a current yield of 2%, will the futures contract settling three months out be higher, lower, or the same as the spot price of the 10 year note?
Higher | ||
Lower | ||
Not enough information to determine | ||
The same |
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