The textbook reads:
[text removed by admin]
Could someone explain more in detail why the 20Y is preferred to the 15Y? Will the 20Y not have to spend 10 years to descend along a positively sloped yield curve, whereas the 15Y only takes 5?
Can someone please explain me why the moderator removes all post that quotes text from the textbook? I have contacted the CFA institute and it is allowed to quote the textbooks when discussing topics on forums.
This is the first we’ve heard of anyone contacting CFA Institute about this.
Chad has been very cautious about possible copyright infringements. If you have a reply from CFA Institute you can forward to him, that’ll be a big help.
Well then I would need his email. But this is the answer I received: “You are able to quote text from our curriculum books when discussing the topics on forums.”
I would suggest him to email himself. I got an answer very quickly. Also, on the previous forums I never experienced that any textbook text was removed. Could you please inform him?
Any update to this?
did you remember to send him an email?
You can PM him here.
Ok what is his user name?
S2000magician: Do you have the answer to this: Why the 20Y is preferred to the 15Y? Will the 20Y not have to spend 10 years to descend along a positively sloped yield curve, whereas the 15Y only takes 5?