yeah.

The longer the duration, the higher impact from yield fluctuation

For example, if yield move by 1%,

10Y Bond will channge 10% ?

20Y Bond price will change 20%

30Y Bond price will change 30%

I am generalizing it to highlight the basic principals. There is a well specified formular to convert yield and maturity duration into bond price

請您先登陸,再發跟帖!