18:39 Jan 6, 2011 |
English language (monolingual) [PRO] Bus/Financial - Investment / Securities | |||||||
---|---|---|---|---|---|---|---|
|
| ||||||
| Selected response from: Sharon Toh, MITI MCIL Singapore Local time: 06:55 | ||||||
Grading comment
|
SUMMARY OF ALL EXPLANATIONS PROVIDED | ||||
---|---|---|---|---|
5 | the yield becomes stable after a significant upward/downward move in yield |
| ||
3 | the huge shift [in November] was further strenghtened by the yield curve results for December |
|
the huge shift [in November] was further strenghtened by the yield curve results for December Explanation: so strong yields were reported in November, followed by 'less volatile' bond markets the following month. Thereby strengthening (or solidifying/stabilizing) the November results. This is how I understood the sentence. |
| |
Login to enter a peer comment (or grade) |
the yield becomes stable after a significant upward/downward move in yield Explanation: Reference on how a yield curve looks like: http://en.wikipedia.org/wiki/Yield_curve huge shift: a significant move in yield. The shift is normally in the upward direction, but it could also be a downward shift. After the huge shift, the yield becomes quite stable (the curve flattens out). -------------------------------------------------- Note added at 1 hr (2011-01-06 20:29:57 GMT) -------------------------------------------------- Btw, I think it is an upward shift, since there was an upward surge in bond yields in 2010 Q4. |
| |
Grading comment
| ||
Login to enter a peer comment (or grade) |
Login or register (free and only takes a few minutes) to participate in this question.
You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.