The primary difference between bonds and stocks is that stocks represent ... visit www.thefixedincome.com What is the duration and convexity of a bond ? Duration quantifies the number of years ...

Treasury bonds and Treasury bills are the two main ... This means the interest is calculated as the difference between the price you pay for the security and the amount you get when it matures.

NEW YORK (Reuters) -The recent drop in U.S. yields has raised speculation that a wave of buying of Treasury securities and derivative products called interest rate swaps by mortgage portfolio ...

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 ...

NEW YORK (Reuters) -The recent drop in U.S. yields has raised speculation that a wave of buying of Treasury securities and derivative products called interest rate swaps by mortgage portfolio ...

The recent drop in U.S. yields has raised speculation that a wave of buying of Treasury securities and derivative products called interest-rate swaps by mortgage portfolio managers and insurance ...