[bahr-bel] 
| an apparatus used in weight-lifting, consisting of a bar with replaceable, disk-shaped weights fastened to the ends. |
| bar·bell (bär'běl') n. A bar with adjustable weights at each end, lifted for sport or exercise. [bar1 + (dumb)bell.] |
Barbell
A bond investment strategy that concentrates holdings in both very short-term and extremely long-term maturities. This is also known as the "dumbbell" or "barbelling."
Investopedia Commentary
The shape that appears when charting the strategy on a timeline looks like a barbell (dumbbell). The reasoning behind this strategy is that it allows one portion of the portfolio to achieve high yields while the other portion minimizes risk.
Related Links
Bond Basics Tutorial
Advanced Bond Concepts
See also: Bond, Bond Ladder, Maturity Date, Yield
Also spelled: Bar bell
