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- 注册时间
- 2011-7-2
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- 2016-4-19
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Are MBS market directional investments?
| I am confused about saying if this statement is true - for a multiple choice or vignette question. MBS generally follow the market, but when rates fall, they exhibit negative convexity. So should we say they are market directional or not? |
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发表于 2011-7-13 14:43
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