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 ?
Depending on the cluster software, one node can be configured as an "active" primary node and the other as a "standby" back up node.
With our company growing at an alarming rate we needed the scaleability to back up up to 2000 servers fast," said Dave Hartman, Manager of Network Systems at Hiway Technologies.
The drive uses 100MB ZIP disks that can be used to create and run files, transfer data easily to different locations and computers, back up quickly and easily and to store large graphics or downloaded files.
NAR and other groups supported the extension as a method to avoid severe shortages of licensed or certified appraisers, which could have led to significant back ups in obtaining appraisals and the underwriting of mortgages.