Since banks have surplus funds at shorter end of the maturity ladder, an increase in interest rate is expected to have a negative impact on profitability due to faster repricing of liabilities compared to assets in case of a parallel shift
adopted by the banks.
That saw yields pull back from earlier highs, though still 0.7-1.1 basis points higher on the day in a fairly parallel shift
. The 2s-30s spread is little changed at +54.4 bp on net.
Management estimates that an instantaneous +100 bps parallel shift
in the interest rate yield curve would increase NII by $2.8 billion, or around 6.3% of 2017 NII, over the next 12 months.
Meanwhile, a parallel shift
happened on the right, in Israel, Europe and the U.S.
During the past decade or so many tea consuming markets have seen their traditional pattern shift towards both more novelty and higher quality teas, but also from mainstream teas to fine coffees, with a parallel shift
from mainstream coffees to fine teas.
In this exploratory randomized controlled crossover trial, we aim to investigate real-time ultrasound/MRI fusion versus ultrasound guidance applied on the Suprasacral Parallel Shift
(SSPS) technique for lumbosacral plexus blockade .
The yield curve took a roughly parallel shift
downward since last month, with the three-month (constant maturity) Treasury bill rate dropping down to 0.03 percent (for the week ending April 25) from March's 0.06 percent and just below February's 0.04 percent.
As market conditions change (e.g., mortality patterns, a parallel shift
in yield curve), the marking-to-market (MTM) procedure could mean that the longevity swap switches status in the hedger's balance sheet between that of an asset and that of a liability.
It must be noted that the computation of the economic surplus of changes in technology level due to research benefits as a parallel shift
of the supply function is provided by Alston.
Next, the emphasis on MSO within the BCT and parallel shift
of interrogations to Military Intelligence (MI) brigades (BDE) has created a functional rift within HUMINT, creating Soldiers that are not proficient at both aspects of their jobs.
In the period of 1993-1994 the Fed lowered the Fed Funds rate to 3%, and as the Fed unwound this, there was a parallel shift
up in the yield curve, causing long dated maturities to suffer the most.
The new British documents show a parallel shift
in view in London.