Understanding duration can help investors decide which bonds are right for them. First of all, you shouldn’t confuse the financial term “duration” with a timeframe. In the bond world ...
Key rate duration is calculated by applying small shifts to individual points on the yield curve and measuring the resulting change in a bond's price. The formula follows the standard duration ...
Modified duration is a formula that measures the sensitivity of ... who developed the concept of bond duration in the 1930s. Calculating the Macaulay duration is the most difficult part of ...