
- UID
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- 300
- 主题
- 69
- 注册时间
- 2011-7-2
- 最后登录
- 2014-6-29
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To invest in MBS, the managers hedge the interest risk but not the spread risk. Here are two questions:
1, Why not hedge the spread risk?
2, How to measure spread risk? If it’s spread duration, does it means that spread duration is not matched? |
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