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- UID
- 223424
- 帖子
- 319
- 主题
- 22
- 注册时间
- 2011-7-11
- 最后登录
- 2014-8-7
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I picked Yes, Yes…. it has lower duration cause it has positive convexity, but in essence positive convexity at low yield is more interest rate risk (ie. price doesn’t go up when interest rate drop)?
This is not the case? |
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发表于 2013-4-10 03:30
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