MOB spread

MOB spread definition - finance
Short for municipal over bond spread, which measures the difference between the yield on the municipal bond futures contract and the yield on the Treasury bond futures contract on the Chicago Board of Trade. The MOB spread is often traded by those who want to exploit changes in the direction of interest rates.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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