An investment strategy in which lower-yield bonds are traded for higher-yield bonds. A transaction of this type enables greater profit, but at greater risk. Higher-yield bonds are generally of longer maturity, increasing risk from interest rate changes, and may be of lower credit-quality.
Related information about pure yield pickup swap:
- Pure Yield Pickup Swap Definition | Investopedia
 A transaction in which bonds with lower returns are swapped for bonds with   higher returns. With a pure yield pickup swap the sole purpose of the transaction   is ...
 
- Pure Yield Pickup Swap - Financial Dictionary - The Free Dictionary
 A swap in which two investors exchange two bonds, one with a lower yield and   shorter maturity and one with a higher yield and longer maturity. This is a high ...
 
- Pure Yield Pickup Swap Definition & Example | InvestingAnswers
 We explain the definition of Pure Yield Pickup Swap, provide a clear example of   how it works and explain why it's an important concept in business, finance ...
 
- Pure yield pickup swap
 Similar financial terms. Pure index fund. A portfolio that is managed so as to   perfectly replicate the performance of the market portfolio. Pure expectations   theory ...
 
- What is pure yield pickup swap? definition and meaning
 Definition of pure yield pickup swap: An investment strategy in which lower-yield   bonds are traded for higher-yield bonds. A transaction of this type enables ...
 
- Pure Yield Pickup Swap: Definition from Answers.com
 Pure Yield Pickup Swap A transaction in which bonds with lower yields are   swapped for bonds with higher yields.
 
- Pure yield pickup swap Definition - NASDAQ.com
 Pure yield pickup swap: read the definition of Pure yield pickup swap and 8000+   other financial and investing terms in the NASDAQ.com Financial Glossary.
 
- Active Management (Fixed Income)
 A pure yield pickup swap is implemented by moving from bonds with lower   coupon payments to bonds with higher coupon payments. This provides a higher ...