These prepayments shorten the average life of the mortgage bond, reducing its yield, with the price increasing less than expected when rates fall. This is called "negative convexity" and leaves ...

TLT and ZROZ are two of the longest duration US debt focused ETFs. Read here for the impact of Trump's focus on the FED and ...

The managers’ discipline to buy bonds with better convexity profiles than plain vanilla passthroughs, or those that have more stable durations given changes in underlying yields, results in ...

Significantly greater duration and convexity of European and UK govt bond markets versus Treasuries would also favour them, in the event easing cycles do gather pace in 2025-26. We examine why US ...

Sam Goldfarb is a markets reporter for The Wall Street Journal based in New York.

These prepayments shorten the average life of the mortgage bond, reducing its yield, with the price increasing less than expected when rates fall. This is called "negative convexity" and leaves ...

These prepayments shorten the average life of the mortgage bond, reducing its yield, with the price increasing less than expected when rates fall. This is called "negative convexity" and leaves ...