Yield Duration And Convexity
Using Futures and Swaps to Adjust Duration
Master the mechanics of adjusting portfolio duration with Treasury futures and interest rate swaps.
advanced 2026-01-25
Yield Duration And Convexity
20 articles in this subtopic.
Yield Duration And Convexity
Interpreting Steepeners and Flatteners
Master yield curve trades that profit from changing spreads between short and long rates.
intermediate 2026-01-21
Yield Duration And Convexity
Breakeven Inflation and Real Yields
Decode what Treasury markets are saying about future inflation. Learn the breakeven formula, understand TIPS pricing, and spot when the signal becomes noise.
intermediate 2026-01-12
Yield Duration And Convexity
Effective Duration for Callable Bonds
Learn why modified duration fails for callable bonds and how effective duration captures embedded option risk.
advanced 2026-01-11
Yield Duration And Convexity
Negative Convexity and Mortgage Securities
Why MBS prices cap gains when rates fall and extend losses when rates rise.
advanced 2025-12-28
Yield Duration And Convexity
Barbell vs. Bullet Strategies Under Curve Shifts
Master how barbell and bullet portfolios perform differently under parallel shifts, steepeners, and flatteners.
intermediate 2025-12-14
Yield Duration And Convexity
Modified Duration and Price Sensitivity
Master the key formula connecting yield changes to bond prices.
advanced 2025-12-03
Yield Duration And Convexity
Forward Rate Derivation from the Curve
Forward rates fall out of the spot curve by no-arbitrage, not forecasting; bootstrapping par yields into spot rates first keeps the math honest.
intermediate 2025-11-19
Yield Duration And Convexity
Dollar Duration and DV01 Basics
Learn how DV01 translates percentage duration into actual dollar gains and losses. Master the formula that bond traders use to size positions and hedge risk.
beginner 2025-11-09
Yield Duration And Convexity
Understanding Treasury Yield Curve Shapes
Learn to read the yield curve's message about economic conditions, recession risk, and Fed policy. Master the four shapes that drive fixed income strategy.
beginner 2025-10-15
Yield Duration And Convexity
Glossary: Yield and Duration Metrics
Essential definitions for yield, duration, and convexity terms used in fixed income investing. A quick reference covering 25 key metrics from YTM to DV01.
beginner 2025-10-11
Yield Duration And Convexity
Key Rate Duration to Measure Curve Risk
Key rate duration measures sensitivity at specific yield curve points (2y, 5y, 10y, 30y), capturing non-parallel shift risk that effective duration misses.
advanced 2025-10-10
Yield Duration And Convexity
Duration Matching for Liability Immunization
Learn how to construct immunized portfolios that protect against interest rate risk.
advanced 2025-10-01
Yield Duration And Convexity
Nominal Yield, Current Yield, and Yield to Maturity
Learn when to use nominal yield, current yield, and YTM for bond comparisons. Master the math and avoid costly yield confusion in your portfolio.
intermediate 2025-09-24
Yield Duration And Convexity
Stress Testing Portfolios for Rate Shocks
Learn how to stress test bond portfolios using historical rate shocks from 1994, 2013, and 2022.
advanced 2025-09-20
Yield Duration And Convexity
Yield to Call and Yield to Worst
Learn why yield to worst is your true planning yield for callable bonds, and how to avoid the costly mistake of chasing headline yields.
intermediate 2025-09-17
Yield Duration And Convexity
Convexity: Concept and Calculation
Convexity corrects duration's linear estimate; on a 200 bps shock it can offset over a percentage point of predicted loss, keeping stress tests honest.
advanced 2025-09-03
Yield Duration And Convexity
Macaulay Duration Calculation Walkthrough
Duration is the single number that separates bond investors who understand their risk from those who discover it the hard way.
advanced 2025-09-01
Yield Duration And Convexity
Reporting Duration and Convexity in Fact Sheets
Learn to read and interpret duration and convexity metrics in bond fund fact sheets.
advanced 2025-09-01
Yield Duration And Convexity
Spot Curves vs. Par Curves
Par yields blend rates across maturities; spot rates price each cash flow at its own horizon, and bootstrapping prevents 10-30 bps errors on sloped curves.
intermediate 2025-09-01