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Sorry about the rude answers you received, Sudhir. The funny thing is
that probably none of the people being rude to you know the specific
answer unless they happen to use TS8 and trade bonds (I don't). That's
because there are several ways to back-adjust the price data and we
don't know which one specific one TS8 uses on the bonds. As well, a few
years back, they changed the basis for calculating the long bond's
price. I'm not sure but I think it used to be 8% and now it's 6%. So
that throws a big jump into the price data at the change unless the
back-adjusted series compensates for it.
For my own (minimal) interest in interest rates, I prefer to plot symbol
TYX, the cash interest rate on the long bond. There are symbols for the
notes and bills as well. That avoids any adjustments to the bond prices
that have happened over the years.
--
Dennis
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