Bond traders expect that economy is sliding into recession

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If bond traders expect that an economy is sliding into recession, they ________ in anticipation of ________.

A. bid bond rates up; an decrease in the federal funds target rate

B. bid bond rates down; a decrease in the federal funds target rate

C. bid bond rates up; a decline in the stock market

D. bid bond rates down; an increase in the federal funds target rate

E. decrease the price of their services; new regulations on bond trading

Reference no: EM13984417

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