U.S. Treasury quotes from the WSJ on Oct. 15, 2003: If yields increase by 10 basis points, what is the approximate price change on the $100,000 Treasury note? Use the duration approximation relationship.

Question

U.S. Treasury quotes from the WSJ on Oct. 15, 2003:  If yields increase by 10 basis points, what is the approximate price change on the $100,000 Treasury note? Use the duration approximation relationship.

Quizplus · Accepted Answer

The Answer of U.S. Treasury quotes from the WSJ on Oct. 15, 2003:  If yields increase by 10 basis points, what is the approximate price change on the $100,000 Treasury note? Use the duration approximation relationship.

US Treasury Quotes from the WSJ on Oct