In the T-bill secondary market the ask yield will normally be less than the bid yield.

Name: In the T-bill secondary market the ask yield will normally be less than the bid yield.
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In the T-bill secondary market, the ask yield is the yield at which a dealer is willing to sell a T-bill, while the bid yield is the yield at which a dealer is willing to buy a T-bill. The ask yield is normally higher than the bid yield because the dealer wants to make a profit on the transaction.

In the T-Bill Secondary Market the Ask Yield Will Normally