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 RISK MANAGEMENT
Risk Management

How it was

Hedging Duration and the Dollar Value of a Basis Point

How it is

The Lucrative Art of Changing a Known into a Variable: The "Mystery" of Basis Shifts, Quality Spread Differentials and Other Wall Street Myths Exposed

How it will be

FASB 133, Ratings Agency Requirements, and No More Using Treasuries as the Benchmark Yield Curve: The Mandate for Cashflow Based Hedge Strategies to Maintain Correlation


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