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The gauge lengths on these instruments were from 1/2 to 1 in.
Losses on these instruments could outstrip those in the so-called cash markets because they are much bigger than their underlying assets.
A false entry here or there was inevitable from a pickup band basically unconducted, and a few odd squawks served as useful reminders of how intractable performance on these instruments can be.
"The problems that we've had since the inception of the credit derivatives market have never been solved in any meaningful way," said Janet Tavakoli, president of Tavakoli Structured Finance and an authority on these instruments.
Vivienne Michael, chief executive of the charity Deafness Research UK, warned: "These tuneless trumpets can emit sounds in excess of 130 decibels, equivalent to a jumbo jet taking off, and as the national charity concerned with deafness research and related issues, Deafness Research UK would like to see an urgent ban on these instruments".
Conventional bonds are fixed in value, and thus a low nominal yield normally indicates that investors expect inflation to be low or negative.The existence of index-linked bonds gives us some idea of investors' long-term expectations for inflation, by comparing the yield on these instruments with those on conventional bonds of the same maturity.
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It is unlikely that the current problems in which markets are involved, such as global justice and climate change, can be solved by relying only on one of these instruments.
Preliminary results on the performance of these instruments on proteins and peptides are presented, and compared with the theoretical predictions.
No difference emerged between the two groups on any of these instruments.
There is complete information on both of these instruments for all 14,669 individuals in the dataset.
Baseline and 12 month follow-up scores on each of these instruments were highly correlated, with correlation coefficients of 0.79, 0.69, and 0.64.
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CEO of Professional Science Editing for Scientists @ prosciediting.com