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QUESTION 1 The Bureau of Labor Statistics will soon report the number of jobs created in the U.S. economy during September. Based on a survey
QUESTION 1 The Bureau of Labor Statistics will soon report the number of jobs created in the U.S. economy during September. Based on a survey of economists, market participants are expecting that 400.000 new jobs were created during September. If it is reported that 1,000,000 jobs were created, the yield on Treasury securities will likely increase on the news. True False QUESTION 2 Consider again the BLS employment report from #1. Based on the model of the term structure presented in class, would you expect that the yield on 1-year or 10-year Treasury notes would respond more to the news release? O 1-year 10-year
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