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The town of South Park is planning a bond issue in six months and Kenny, the town treasurer, is worried that interest rates may rise,

The town of South Park is planning a bond issue in six months and Kenny, the town treasurer, is worried that interest rates may rise, thereby reducing the value of the bond issue. Should Kenny should buy or sell Treasury bond futures contracts to hedge the impending bond issue? In 200 words or more, explain your answer.

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