Oscar Wong / Getty Images Duration and convexity are two tools used to manage the risk exposure of fixed-income investments. Duration measures the bond's sensitivity to interest rate changes.

Chacko, George C., Peter A. Hecht, Vincent Dessain, and Anders Sjoman. "Note on Duration and Convexity." Harvard Business School Background Note 205-025, August 2004. (Revised September 2004.) ...

The managers’ discipline to buy bonds with better convexity profiles than plain ... MBS forward contracts that can cause meaningful duration changes. The fund’s emphasis on agency MBS differs ...

The managers’ discipline to buy bonds with better convexity profiles than plain ... MBS forward contracts that can cause meaningful duration changes. The fund’s emphasis on agency MBS differs ...

Duration and convexity are two tools used to manage the risk exposure of fixed-income investments. Duration measures the bond's sensitivity to interest rate changes. Convexity relates to the ...