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Glossary of Fixed Income Market Terminology

Glossary of Fixed Income Market Terminology

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Glossary of Fixed Income Market Terminology Investor Research & Communications Page 2 of 12 Bullet Bond A debt security that cannot be redeemed prior to its maturity date. Burnout Mortgage market phenomenon representing the tendency of mortgage pools to become less sensitive to interest rate changes as the pool seasons; the more the

  Income, Market, Terminology, Glossary, Mortgage, Fixed, Glossary of fixed income market terminology

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