Sentences with phrase «of duration risk»

I took on a lot of duration risk by investing long, and it paid off.

What advice can we give to investors unable to take 3.5 years of duration risk?

Not exact matches

Interest rates on 15 - year mortgage terms are typically lower than those on longer - term loans because the shorter duration of the loan makes it less of a risk to the lender.

Government bonds could help reduce default risk, but because of the length of maturity required to earn any meaningful yield, they do little to reduce duration risk - i.e. the overall sensitivity of a portfolio to interest rate rises.

These risks and uncertainties include: Gilead's ability to achieve its anticipated full year 2018 financial results; Gilead's ability to sustain growth in revenues for its antiviral and other programs; the risk that private and public payers may be reluctant to provide, or continue to provide, coverage or reimbursement for new products, including Vosevi, Yescarta, Epclusa, Harvoni, Genvoya, Odefsey, Descovy, Biktarvy and Vemlidy ®; austerity measures in European countries that may increase the amount of discount required on Gilead's products; an increase in discounts, chargebacks and rebates due to ongoing contracts and future negotiations with commercial and government payers; a larger than anticipated shift in payer mix to more highly discounted payer segments and geographic regions and decreases in treatment duration; availability of funding for state AIDS Drug Assistance Programs (ADAPs); continued fluctuations in ADAP purchases driven by federal and state grant cycles which may not mirror patient demand and may cause fluctuations in Gilead's earnings; market share and price erosion caused by the introduction of generic versions of Viread and Truvada, an uncertain global macroeconomic environment; and potential amendments to the Affordable Care Act or other government action that could have the effect of lowering prices or reducing the number of insured patients; the possibility of unfavorable results from clinical trials involving investigational compounds; Gilead's ability to initiate clinical trials in its currently anticipated timeframes; the levels of inventory held by wholesalers and retailers which may cause fluctuations in Gilead's earnings; Kite's ability to develop and commercialize cell therapies utilizing the zinc finger nuclease technology platform and realize the benefits of the Sangamo partnership; Gilead's ability to submit new drug applications for new product candidates in the timelines currently anticipated; Gilead's ability to receive regulatory approvals in a timely manner or at all, for new and current products, including Biktarvy; Gilead's ability to successfully commercialize its products, including Biktarvy; the risk that physicians and patients may not see advantages of these products over other therapies and may therefore be reluctant to prescribe the products; Gilead's ability to successfully develop its hematology / oncology and inflammation / respiratory programs; safety and efficacy data from clinical studies may not warrant further development of Gilead's product candidates, including GS - 9620 and Yescarta in combination with Pfizer's utomilumab; Gilead's ability to pay dividends or complete its share repurchase program due to changes in its stock price, corporate or other market conditions; fluctuations in the foreign exchange rate of the U.S. dollar that may cause an unfavorable foreign currency exchange impact on Gilead's future revenues and pre-tax earnings; and other risks identified from time to time in Gilead's reports filed with the U.S. Securities and Exchange Commission (the SEC).

Indeed, this duration of couchification is the most telling aspect of the study: Those who got up more frequently — presumably, even to stand and fetch the cable remote... or a glass of water in the kitchen, let us hope — were less at risk.

Bond duration, a measure of interest rate risk, is near benchmark levels.

You're still dealing with all of the same bond risks as every other investor when you buy individual bonds — interest rate risk, credit risk, inflation risk, duration risk, default risk, etc..

Duration, the most commonly used measure of bond risk, quantifies the effect of changes in interest rates on the price of a bond or bond portfolio.

Interest rate risk Although high yield bonds have relatively low levels of interest rate risk for a given duration or maturity compared to other bond types, this risk can nevertheless be a factor.

If you are a prodigious saver, are willing to keep your money safe for a set duration of time while earning an interest rate above the current risk free rate 10 Year Treasury, and are concurrently investing in other more aggressive instruments, I recommend diversifying your capital into a 5 - year CD account or longer duration.

Duration, expressed as a number of years, measures a bond's interest rate sensitivity: The higher the duration, the higher the interest raDuration, expressed as a number of years, measures a bond's interest rate sensitivity: The higher the duration, the higher the interest raduration, the higher the interest rate risk.

«While shortening the duration of a TIPS exposure results in a lower yield, the chart below shows it still provides an attractive breakeven ratio, or yield received for the amount of risk that an investor takes.

While shortening duration can help mitigate interest rate risk, another approach to consider is one that balances exposure to the very front end of the curve with exposure to intermediate maturities for additional yield potential and lower volatility, given that rates are likely to rise slowly and stay historically low for the foreseeable future.

However, an often overlooked element to fighting inflation with ETFs like TIP is that some of these funds can have longer durations, introducing interest rate risk to the equation.

Yes the Index - linked fund is more susceptible to interest rate risk than the regular bond fund, but not by the nature of it being a linker, it's because the average duration is longer.

Lesson 3: Duration and Interest Rate Risk — Since interest rates affect bond prices, one of the biggest risks when investing in bonds is that interest rates will move higher, causing the value of your bonds to lose value.

Both of these ETFs track a traditional bond index, and the funds also short Treasury futures to hedge duration risk.

The short durations of these funds reduce risk, but also explain why average yields aren't higher.

That different outlook is captured in the figure nearby highlighting how the downside risks to bonds — in this case looking at short duration bonds — is masked in an era of zero interest rate policy but is revealed when the Fed begins raising rates.

But you still get a good sense of the risk differential between bond duration and maturities when looking at this losses: *

While all four countries have different durations between 5.24 and 6.47, the U.S. has the shortest duration of them all, with the lowest risk profile and the highest yield.

By shorting a variety of Treasury futures, the fund aims to achieve a net - zero portfolio duration, hence «eliminating» — or at least greatly minimizing — interest - rate risk.

Municipalities have more risk than U.S. government bonds of similar duration and credit quality.

Secondly, the value of fixed income instruments will become impaired (perhaps significantly given that mortgages have considerable duration / extension risk) as rates rise; such impairments will hit bank equity, and could lead to risk reduction maneuvers.

Two important bond measurements — credit quality and duration — can give you a good indication of the income you might receive and the risk you are taking on to pursue that income.

This is the process by which we put our research to work using the levers of credit risk and duration to make money in the bond market and to stabilize returns over the cycle.

We are experienced providing duration matching portfolios with high levels of precision, while also determining the appropriate level of credit risk necessary to generate incremental returns relative government bond portfolio alternatives.

This reflects both the increasing risk of long - dated government bonds — as rates drop, duration or rate sensitivity has risen — and the fact that traditional bonds have never been more expensive.

And in the emerging markets (EM), FX (foreign exchange) expressions now offer a similar yield as the EM - DM (developed market) yield spread, without any duration risk, on the back of recent stellar EM spread performance.

We are watching all of this play out real - time as fixed - income fund flows are broadly shunning sectors with embedded credit and / or duration risks, in favor of freshly attractive, and lower risk, high - carry assets.

Risks to our baseline: we deem a further extension of the duration of the QE programme beyond March 2017 as useless, if not counterproductive.

IGIH provides exposure investment - grade, US - dollar - denominated corporate bonds while minimizing interest - rate risk by shorting U.S. Treasurys that match in terms of duration.

In this explainer on duration, Matt talks about some of the risks and opportunities in a potentially rising interest rate environment.

Organizing such a productive effort, planning its duration in time, making sure that it corresponds in a positive way to the demands which it must satisfy, and taking the necessary risks — all this too is a source of wealth in today's society.

Additionally, some research suggests taking specific probiotics may support immune health and potentially reduce the risk or duration of the common cold.

You want to trade him when demand is at its highest (in other words, when competitive teams panic) but you also need to move him before the foot issue returns, unless you're willing to risk keeping him for the duration of his contract.

If we honest about it for much of 2017 he was Sh ** We need more CM partnership options in a season duration — reliance upon ramsey to have the impact he showed 3 or 4 seasons ago is a risk.

Longer duration of breastfeeding may or may not affect the appearance of your breasts, but it will reduce the risk for breast cancer over your lifetime, in addition to the many other health benefits to you and to your breastfed baby.

(2017, Nov.) Duration of Breastfeeding and Risk of SIDS: An Individual Participant Data Meta - analysis.

Taking the present - day levels of contaminants in Norwegian breastmilk and the long duration of breastfeeding (12 months) in Norway into account, the Norwegian Scientific Committee for Food Safety concludes that contaminants poses a low risk to Norwegian infants, and that the benefits of breastmilk to Norwegian infants clearly outweigh the risk presented by contaminants.

The study showed that breastfeeding is associated with about a 10 percent lower risk of several major cardiovascular diseases in later life among Chinese women, and breastfeeding duration seemed to play a role.

As a clinical expert in the management of breastfeeding and human lactation, the IBCLC is trained to counsel mothers and families on initiation, exclusivity, and duration of breastfeeding, and to assist amidst any difficul ¬ ties or high - risk situations.

Couch sharing is particularly risky, and the risk of co-sleeping rises with the duration of bed sharing.

Longer breastfeeding duration is further associated with reduced maternal risks of breast cancer, ovarian cancer, diabetes, hypertension, obesity, and heart attack.»

If marketed to the age of 36 months, they risk being bottle fed for this duration and seriously damaging oral development, normal growth and other negative health impacts.

A longer duration of breastfeeding — for example more than 12 months (and this can be over several babies) is more protective, even if you are breastfeeding at all and whether you are mixed feeding with some breast milk and some formula, your breast cancer risks are reduced.

Additional studies are needed to assess the associations of breastfeeding duration with the risks of infectious diseases beyond the age of 6 months.

Most studies have revealed protective effects of breastfeeding on common infections in the first 8 to12 months of life.8, 27,29,30 One study, which distinguished between infectious diseases until and from the age of 6 months, revealed results similar to those from our study.24 Although the authors used exclusive breastfeeding for 3 months as the reference group, exclusive breastfeeding for 6 months reduced the risk of gastrointestinal tract infections between the ages of 3 and 6 months but not between the ages of 6 and 12 months.24 We can not explain why breastfeeding duration was only associated with lower risks of lower respiratory tract infection from 7 to 12 months.

Duration of breastfeeding and risk of infectious diseases in the first year of life.