Moynahan and Gayle continue their discussion about the presentation and debate several potential subjects to include on page 5. Gayle suggests assessing the use of leverage in the portfolios. They decide to present a scenario where the portfolio is fully invested, but given their outlook for a decline in interest rates, they want to increase the portfolio’s investment exposure. The portfolio and the benchmark both currently have the same duration.
Q. What trades can Moynahan most likely make to accomplish the objective outlined on page 5 of his presentation?
- Enter into a fixed-rate payer swap contract
- Buy long bond futures contracts
- Sell an overnight repurchase agreement
老师，请帮忙看一下这道题，什么是增加风险敞口，哪些是增加风险敞口的
