Explain why in implementing a yield spread strategy it is necessary to keep the dollar duration constant.

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Bond Markets Analysis and Strategies

ISBN: 978-0133796773

9th edition

Authors: Frank J.Fabozzi

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Question Posted: Aug 22, 2015 07:45 AM

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Explain why in implementing a yield spread strategy it is necessary to keep the dollar duration constant.

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When comparing positions that have the same dollar ...View the full answer

Bond Markets Analysis and Strategies

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