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The 5yr US Treasury yield increases by 20bps, and the 5s30s curve steepens by 20bps. If you own a 30yr US Treasury, priced at par,
The 5yr US Treasury yield increases by 20bps, and the 5s30s curve steepens by 20bps. If you own a 30yr US Treasury, priced at par, with a duration of 25, what is the new price of your bond?
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