Question: portal.bloombergforeducation.com Content 3 Elosmbery for Educution If the Purchasing Managers Index was expected to be 5 2 , and the reported number is 5 6

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3 Elosmbery for Educution
If the Purchasing Managers Index was expected to be 52, and the reported number is 56, what effect will it have on the following 4 Treasury Securities?
Bond 1: 30-year T-Bond with a duration of 25 years
Bond 2: 30-year T-Bond with a duration of 15 years
Bond 3: 5-year T-Bill with a duration of 4.5 years
Bond 4:5-year T-Bill with a duration of 3.5 years
Bond 1 and Bond 2 will each decrease by the same percentage and Bond 3 and Bond 4 will also decrease by the same lower percentage than Bond 1- and Bond 2
Bond I's price will increase the most and Bond 4 s price will increase the least
Bond-'s price will decrease the most and Bond 4 s price will decrease the least
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