NO.PZ202403050400000901
问题如下:
Which of the following is the most likely impact on short-term bond prices if Quantum’s expectations regarding the payroll report are correct?选项:
A.Fall B.No change C.Rise解释:
A is incorrect. Bond prices are unlikely to rise or fall based on this information because it is already anticipated by the market.
B is correct. Although Quantum is forecasting a fairly low non-farm payroll number, their expectation is in line with market consensus forecasts. Although these data might be considered weak, they provides information that is anticipated and thus already reflected in asset prices. Prices would be more likely to rise or fall if the news is a surprise relative to fully anticipated information.
C is incorrect. Bond prices are unlikely to rise or fall based on this information because it is already anticipated by the market.
如题