To be sure, active MBS hedgers have dwindled, falling from a peak of 27% of all investors who hold mortgages in their portfolios in 2002 to 6% currently, so the impact of convexity moves is likely ...

Convexity in the Bloomberg U.S. Aggregate Index is at record-high levels, indicating potential gains in bond prices when interest rates fall. The recent sell-off in U.S. Treasury yields has ...

Bond duration is an easy, back-of-the-napkin way to estimate risk, but convexity is vital to truly understand what you're getting into with any bond purchase you don't intend to hold to maturity.