Calculation case shows that in the given initial value and restraints, convexity gap model can lessen the exposure position of interest rate risk and increase yields.

计算实例表明，凸度缺口模型对于给定的初始值和约束条件，可以较好地减少利率风险的暴露头寸和提高收益；

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The asymmetry manifests itself in the following way: losing on a long position reduces one's risk exposure while losing on a short position increases it.

不对称以下述方式表现出来：人们在多头头寸上亏损会降低其风险敞口，而在空头头寸上亏损会增加风险敞口。

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If I was forced to summarise my position, I'd accept the need to buy some exposure to China (albeit less than most would maintain) but only when prices were much, much cheaper.

如果必须用一句话概括我的立场，我会说，我承认有必要买入一些中国股票(虽然少于大多数人所主张的买入量)，但价格一定要比目前低得多得多。

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The original talking points disconnect with known facts stirred even more curiosity when the world learned just two days after the presidential election that General Petraeus had resigned from his CIA position following exposure of an extramarital affair with his also-married biographer.

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Commercials cut their net-short position and reduced exposure overall by cutting more gross shorts than gross longs.

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Although my buy rules had me initiating a few positions on the long side, my interpretation of the risk-reward ratio is keeping my exposure to a minimum and my position sizes small.

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