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Five Against Bond Spread
(redirected from fab)

    Also found in: Dictionary/thesaurus, Medical, Acronyms, Encyclopedia, Wikipedia 0.02 sec.
Five Against Bond Spread
A spread in which an investor has offsetting positions on five-year Treasury notes and long-term Treasury bonds with maturities from 15 to 20 years. That is, an investor takes a short position on five-year notes and a long position on the long-term notes or vice versa. In doing so, the investor hopes to take advantage of the difference in the interest rates between the two instruments.
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