Butterfly shift

A nonparallel shift in the yield curve involving the height of the curve.

Butterfly Shift

A change in the yield curve for bonds in which yields on short-term bonds and long-term bonds change the same amount but the yield on medium-term bonds does not. For example, if yields on short- and long-term bonds move up 1.5% but the yield on medium-term bonds moves up only 0.5%, this is considered a butterfly shift. A butterfly shift may be positive, as in the example described, or negative, in which short- and long-term yields move down at a rate greater than medium-term yields. The term comes from the shape of the yield curve in these situations; it looks like a butterfly flapping its wings.

单词	butterfly shift
释义	Butterfly shift Butterfly shift A nonparallel shift in the yield curve involving the height of the curve. Butterfly Shift A change in the yield curve for bonds in which yields on short-term bonds and long-term bonds change the same amount but the yield on medium-term bonds does not. For example, if yields on short- and long-term bonds move up 1.5% but the yield on medium-term bonds moves up only 0.5%, this is considered a butterfly shift. A butterfly shift may be positive, as in the example described, or negative, in which short- and long-term yields move down at a rate greater than medium-term yields. The term comes from the shape of the yield curve in these situations; it looks like a butterfly flapping its wings.
随便看	anurco anuresis anuretic anureticly an urge to purge anuria anuric anuric failure anuricly anurism anurous anurously an ur text an ur-text an urtext anury anurâdhapura anus anusa anusat anus cerebri anus diseases anuses anusf anusha, abu al-muzaffar muhammad