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bboo

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218223 
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533 
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2011-5-26 
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2012-9-12 
1# 跳转到 »
发表于 2011-7-13 14:43 | 显示全部帖子
I believe being w/ negative convexity does not contradict with being market directional

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bboo

UID
218223 
帖子
533 
主题
154 
注册时间
2011-5-26 
最后登录
2012-9-12 
2#
发表于 2011-7-13 14:44 | 显示全部帖子
that's right...all bonds with negative convexity are market directional unless you hedge them

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