back up

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Back up

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

Back Up

1. To sell a bond or other debt security with a longer maturity and buy another with a shorter maturity. One may do this when short-term interest rates are higher than long-term interest rates, for example.

2. A change in a short-term trend. For example, if a bearish trend becomes bullish or vice versa, one may say the market has backed up.

back up

To swap a debt security with one maturity for another security with a shorter maturity.
References in periodicals archive ?
"More IT managers than will admit it are backing up everything," suggests Mark Ellis, portal product manager at Computer Associates." They think that is easier than carrying out some simple research on what they should, and should not, back up."
Although this article will focus primarily on backing up hard disks, you folks who don't have one shouldn't get the idea that you are exempt from this threat.
Write-protect all diskettes to be used in this recovery other than those that will be used in backing up the hard disk.