NOB (note against bond) spread

Definition of "NOB (note against bond) spread"
  1. A type of futures trade where a ten-year Treasury note futures contract is bought or sold, and a Treasury bond futures contract is sold or bought in parallel
How to use "NOB (note against bond) spread" in a sentence
  1. The practice of NOB (note against bond) spread is commonly found in stock market operations.
  2. In an attempt to hedge her investments, she used a NOB (note against bond) spread strategy.
  3. The NOB (note against bond) spread maneuver is a handy tool for investors seeking diversified risk management.
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