Business Vocabulary
Q1
The capital markets continued to be volatile during the quarter, as concerns about sub-prime mortgages, the economy and terrorism ebbed and flowed; by quarter end, bond yields had increased modestly in what can be described as a ..... (e.g. long rates increased more than shorter rates).
(*) Bear Flattener
(*) Bear Steepener
(*) Bull Flattener
(*) Bull Steepener