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Treasury markets look crossed

Quantitative Finance Level 2

A broker calls you up with a market in the 80 day to maturity Treasury bill. His market is 1.02 bid at 1.01. What trade do you want to do?

Buy 1.02 and sell 1.01 Need more information about interest rates Sell 1.02 and buy 1.01 Buy 1.01 Buy 1.02

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by Calvin Lin

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