Bond Duration & Convexity: Why Long Bonds Move Most
What is bond duration? A plain-English guide with the rule of thumb, the formula, and a worked example using current Treasury yields.
What is bond duration? A plain-English guide with the rule of thumb, the formula, and a worked example using current Treasury yields.
Why do bond prices fall when yields rise? Learn how bond pricing, yield to maturity, duration, and convexity work — with real examples and current Treasury data.