atag asset management navigator ii 06 e glossary duration a bond s weighted average residual time to maturity early indicators economic highly reliable data that can be used make accurate forecasts about future developments ecb european central bank ethanol group of chemical compounds whose molecules contain two carbon atoms hydrogen and hydroxyl is the most important component in alcoholic beverages it also substitute fuel has advantage emitting far less co 2 into atmosphere than gasoline fed federal reserve american gene technology subdivision biotechnology based on findings molecular biology means making precise changes genetic material or biochemical control mechanisms organisms agriculture minimize risk crop failures interest structure flat medium long term bonds generate roughly same yields as short leading indicator steepness rate curve difference rates between securities such ten year treasury invest ments three month deposits when inter est steep