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Your boss at a fixed income managment firm shows you a note. The note reads. Hedge portfolio with Nelson and Siegel. , 0 OP OB.

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Your boss at a fixed income managment firm shows you a note. The note reads. Hedge portfolio with Nelson and Siegel. , 0 OP OB. ap , Hi + 92 apo +qi apo Hi + 92 DB2 +91 d2 OH2 0 What does it mean? The boss believes that a favorable change in the slope of the yield curve is likely. The boss believes that a favorable change in the level of the yield curve is likely. The boss believes that a favorable change in the curvature of the yield curve is likely. The boss believes that a unfavorable change in the slope of the yield curve is likely. Your boss at a fixed income managment firm shows you a note. The note reads. Hedge portfolio with Nelson and Siegel. , 0 OP OB. ap , Hi + 92 apo +qi apo Hi + 92 DB2 +91 d2 OH2 0 What does it mean? The boss believes that a favorable change in the slope of the yield curve is likely. The boss believes that a favorable change in the level of the yield curve is likely. The boss believes that a favorable change in the curvature of the yield curve is likely. The boss believes that a unfavorable change in the slope of the yield curve is likely

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