For a given change in interest rates, why is the sensitivity of the price of a Treasury

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For a given change in interest rates, why is the sensitivity of the price of a Treasury bond futures contract greater than the sensitivity of the price of a Treasury bill futures contract?

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Financial Institutions Management A Risk Management Approach

ISBN: 978-1259717772

9th edition

Authors: Anthony Saunders, Marcia Millon Cornett

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Question Posted: May 30, 2019 12:29 PM

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For a given change in interest rates, why is the sensitivity of the price of a Treasury

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Financial Institutions Management A Risk Management Approach

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