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The Treasury Bond Basis: An In Depth Analysis for Hedgers, Speculators and Arbitrageurs Dean Wichern David Galloway's introduction re-examines theThe Treasury Bond Basis provides a comprehensive and detailed discussion of the relationship between the Treasury Bond market and Treasury bond futures. Vital information such as analysis of the basis relationship between shorter term Treasure securities and Treasury bill and note futures is all here in one source. In depth coverage includes: The forces that influence the basis; Practical considerations associated with the basis; Basis related