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Is the yield of a 30-year bond, issued 29 years ago and maturing in 1 year, equivalent to that of a 1-year bond maturing on the same date?

In theory, since there is no credit risk, you should expect to get the same yield as a newly issued 1-year bill and a 30-year bond with 1 year remaining. In practice, however, there is a liquidity ...
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