Bond duration and portfolio construction ... Pennsylvania, says, "I tend to explain it like I would to my 11-year-old son using simple math. For every 1% move in interest rates, bond prices ...

The Federal Reserve has reduced its benchmark interest rate by 1% since September 2024, aiming to give the U.S. economy breathing room after earlier aggressive hikes. Yet, the yield on the 10-year ...

Generally, duration measures a bond portfolio’s overall sensitivity ... the recent spike in long-term yields is neither adequately explained by increased default risk nor higher inflation.