Glossary (A-M)

This is not an all inclusive list but rather terms commonly used within this community.

Baltic Dry Index (BDI): The index tracks worldwide international shipping prices of various dry bulk cargoes.

Bid To Cover: A measure of demand for a treasury security auction.  A bid to cover of 3 means for every $1 in treasuries offered, $3 were bid.

Bollinger Bands: Consisting of a set of three curves drawn in relation to a securities price that defines a relative definition of high and low prices.  It is based on the reality that volatility is always changing.

Bond Market: Typically references

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