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Boost Your Yield Book With Hedges
The idea of especially with your yield book is by having hedges on when those equities start to crash and you have these convex hedges that give you a lot of cash on your books. You're able to buy back those equities for pennies on the like Pennies on the dollar or lower nap point let's call it but even more importantly with your book that is actually increasing the yield. The actual ensemble average is when they're rebalancing due to your hedges they're going to increase their yield book over time.