10. As a fixed income trader at Goldman Sachs Co., you hold a portfolio of Treasury...

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10. As a fixed income trader at Goldman Sachs Co., you hold a portfolio of Treasury notes. You recently received private information from a friend working at the Federal Reserve, indicating that the Fed plans to hike interest rates due to persistently high inflation. Assuming the accuracy of this information, how would you adjust your bond position to exploit this knowledge? 10. As a fixed income trader at Goldman Sachs Co., you hold a portfolio of Treasury notes. You recently received private information from a friend working at the Federal Reserve, indicating that the Fed plans to hike interest rates due to persistently high inflation. Assuming the accuracy of this information, how would you adjust your bond position to exploit this knowledge?