标题: Duration question, what's positive and what's negative? [打印本页]

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作者: bchadwick    时间: 2011-7-13 13:24     标题: Duration question, what's positive and what's negative?

So if they say the duration is positive, does that mean there's negative relationship between interest rate and price; and if it's negative duration, then it's positive relationship between interest rate and price?

This was based on Schweser Vol. 2 Exam 2PM #15.6.

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作者: Darien    时间: 2011-7-13 13:24

lindalibinbin Wrote:
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> So if they say the duration is positive, does that
> mean there's negative relationship between
> interest rate and price; and if it's negative
> duration, then it's positive relationship between
> interest rate and price?
>
> This was based on Schweser Vol. 2 Exam 2PM #15.6.


Yes.

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