Bond duration is a measurement that tells us how much a bond’s price might change if interest rates fluctuate. Its full definition is actually a little more technical than that since duration ...

Modified duration is a formula that measures ... the impact of interest rate changes on their investments. For example, when interest rates rise, bond prices decline, and vice versa.

U.S. Treasury debt is the benchmark used to price other domestic debt and is a factor in setting consumer interest rates. Yields on corporate, mortgage, and municipal bonds rise and fall with those of ...