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Glossary > B > "Back-up" Definition

Back-up

(1) When bond yields rise and prices fall, the market is said to back-up. (2) When an investor swaps out of one security into another of shorter current maturity, he/she is said to back up.

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Back-up - (1) When bond yields rise and prices fall, the market is said to back-up. (2) When an investor swaps out of one security into another of shorter current maturity, he/she is said to back up.

Back-up : (1) when bond yields rise and prices fall, the market is said to back-up. (2) when an investor swaps out of one security into another of shorter current maturity, he/she is said to back up.