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The Wall Street Journal reports that the current rate on 10-tear Treasury bonds is 2.65 percent and the rate on 20-year Treasury bonds is 4.90
The Wall Street Journal reports that the current rate on 10-tear Treasury bonds is 2.65 percent and the rate on 20-year Treasury bonds is 4.90 percent.Assume the maturity risk premium is zero. What is the expected rate on a 10-year Treasury bond purchased 10 years from today?
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