标题: CFAI Fixed income II, page 151 # 11 [打印本页] 作者: RealEstate_CFA 时间: 2013-4-1 13:52 标题: CFAI Fixed income II, page 151 # 11
Why is the answer C, instead of B????
If you’re taking on interest rate risk, how does it make sense that you’re forecasting a downward parallel shift, rather than an upward parallel shift, in the yield curve?作者: Muddahudda 时间: 2013-4-1 13:52
Taking on interest rate risk means increasing duration. So then only reason why you would increase duration is when you expect a decrease in int rates.
