u/Zealousideal_Time131

For one of the example, the following solution was provided

The investor anticipates a flattening curve and can exploit this possibility by positioning
himself short (buying protection) in the two-year CDS while going long in the four-year
CDS (selling protection).

I feel the terms are wrong as with flattening curve,
you would by short term CDS(buying protection) hence Long in short term CDS, right?

Please correct me if my understanding is wrong