You bought the 10-year US Treasury on 1/2/2020. Is the price higher now?
Select one:
True
False
Yes, the price of 10 year United State treasuries which was purchased on 1/2/2020 is hugher as of today.
This is because due to the effect of the coronavirus and the united state treasury bond yields has had fallen dramatically
We know that the relationship of bond yields and price are inverse in nature, so when the bond yields has fallen during the relevant phase, the price of these bonds had reisen significantly in the same phase, so the question is asking about the price of the bond hence the price of the bond has significantly risen in the comparative period.
This is a TRUE statement.
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