Fixed-income trading terms for curve relative value, spread trades, and maturity-specific rate positioning.
Fixed-income trading focuses on how traders express a view on yields, curve shape, spread relationships, and relative value across maturities rather than only on long-horizon bond ownership.
This subsection is useful for readers who already know the basic language of Bonds and Yield Curve, but want the desk-style vocabulary used when positioning around curve steepening, flattening, roll-down, and maturity mispricing.