You are the pension fund portfolio manager that holds a large percentage of the its assets in a cash Treasury bond portfolio that attempts to replicate or match the return on 10-year Treasury notes. What type of futures position (long or short) would you use to hedge (reduce the risk) for this cash T-bond portfolio? WHY?

Answer rating: 100% (QA)

As a portfolio manager holding a large percentage of the pension funds assets in a cash Treasury bon... View the full answer