You are hired by SLOMO bank, a small traditional commercial bank.SLOMO gets most of its income from loans to consumers and small businesses, and is largely funded with deposits.Your ﬁrst job is the assess SLOMO's asset-liability management.You observe that the yield curve becomes steeper What does this mean for SLOMO bank, given its duration gap?

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The Answer of You are hired by SLOMO bank, a small traditional commercial bank.SLOMO gets most of its income from loans to consumers and small businesses, and is largely funded with deposits.Your ﬁrst job is the assess SLOMO's asset-liability management.You observe that the yield curve becomes steeper What does this mean for SLOMO bank, given its duration gap?

You Are Hired by SLOMO Bank, a Small Traditional Commercial