NO.PZ202112010200000704
问题如下：
A financial analyst at an in-house asset manager fund has created the following spreadsheet of key rate durations to compare her active position to that of a benchmark index so she can compare the rate sensitivities across maturities.
Which of the following statements best describes the forward rate bias?
选项：
A.Investors tend to favor
fixed-income investments in currencies that trade at a premium on a forward basis.
Investors tend to hedge fixed-income investments in higher-yielding currencies given the potential for lower returns due to currency depreciation.
Investors tend to favor unhedged fixed-income investments in higher-yielding currencies that are sometimes enhanced by borrowing in lower-yielding currencies.
解释：
C is correct.
Forward rate bias is
defined as an observed divergence from interest
rate parity conditions under which active investors seek to benefit by
borrowing in a
lower-yield currency and investing in a higher-yield currency.
A is incorrect since lower-yielding currencies trade at a forward premium. B is incorrect due to covered interest rate parity; fully hedged foreign currency fixed-income investments will tend to yield the domestic risk-free rate.
carry trade 和 forward rate bias原理一样都是建立在Uncorved interest rate基础上
他俩之间有区别吗
我看有的时候利几个战略的时候他俩分开写 也算分吗
