- UID
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- 623
- 主题
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- 注册时间
- 2011-7-11
- 最后登录
- 2013-10-11
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? Higher {lower} coupon means lower (higher) duration.
Meaning your income is higher and less reinvetment risk, lower interest rate risk.
? Longer {shorter} maturity means higher (lower) duration.
higher reinvestment risk, higer interest rate risk.
? Higher (lower) market yield means lower (higher) duration.
Meaning your income is higher and lower interest rate risk |
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