ANDREW SIEGEL, University of Washington, discusses Laurent Calvet, Adlai J. Fisher and Liuren Wu's paper - Dimension-Invariant Dynamic Term Structures - during the 2nd Finance and Statistics Conference. The 2nd HEC Finance and Statistics Conference was held in Paris on October 8, 2010. It was organized by Laurent Calvet and Veronika Czellar, HEC Paris. The conference program is available at http://www.hec.fr/financeandstatistics2010.