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- UID
- 223304
- 帖子
- 278
- 主题
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- 注册时间
- 2011-7-11
- 最后登录
- 2013-8-22
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| It can’t be negative because the spread between corporates and treasuries can’t be less than zero. If you’re 100% confident in your corporate bond, the sensitivity will be zero. A negative sensitivity would imply treasuries are risker than corporates! |
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发表于 2013-4-28 10:24
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