JA Jason A. Voss, CFA (not verified) 12th July 2013 | 8:16am You are correct that what I wanted to convey is that investors want low negative convexity right now. In fact, toward the end of the post this is what I say. You are incorrect that I don't understand the difference. With smiles, Jason Reply
You are correct that what I wanted to convey is that investors want low negative convexity right now. In fact, toward the end of the post this is what I say.
You are incorrect that I don't understand the difference.
With smiles,
Jason