CFA text says it is similar to buy and hold in that the bond is typically not traded once it’s purchased.
So when would you sell and roll up the yield curve? When things don’t go as expected?
Pretty much.
When you see the EAY start to erode, sell.
CFA text says it is similar to buy and hold in that the bond is typically not traded once it’s purchased.
So when would you sell and roll up the yield curve? When things don’t go as expected?
Pretty much.
When you see the EAY start to erode, sell.