| 单词 | CURVE RISK |
| 释义 | The RISK of loss arising from a change in the shape of the YIELD CURVE (i.e., the TERM STRUCTURE of INTEREST RATES). Although curve risk is generally associated with interest rates, it is also evident in other financial variables with a term structure, such as VOLATILITY of interest rates, FOREIGN EXCHANGE rates, and EQUITIES. A subcategory of MARKET RISK. |
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