|
- UID
- 223257
- 帖子
- 236
- 主题
- 117
- 注册时间
- 2011-7-11
- 最后登录
- 2016-10-26
|
? 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 |
|
发表于 2011-7-13 16:13
|