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Rates are Higher: Has Your Interest Rate Risk Profile Increased?

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By Emily Moré Hollis, CFA, Partner ALM First Financial Advisors, LLC From May 1 to June 26, 2013 the 10-year Treasury bond increased 100 basis points to 2.60 percent. Now it is hovering at 3.00 percent. Subsequently, some credit unions saw fairly significant movements with their June net economic value (NEV) results. Rates are higher,…

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