English Dictionary

steepener

noun

(finance) A trade whose terms are based on the assumption that the rate of return will increase.

The steepener in the road made it difficult to drive up the hill.

意味（1）

(finance) A trade whose terms are based on the assumption that the rate of return will increase.

Steepeners are one example where cashflows are computed as difference between two swap rates, e.g. the 10 years and the 5 years. As the name of instrument suggests, this gives a view on the steepness of the swap curve.