Articles tagged “Modified Duration”
2 articles.
- Macaulay and Modified duration in bond and debt mutual funds
Macaulay duration is the weighted-average time to receipt of bond cash flows; modified duration measures bond-price sensitivity to interest-rate changes. Covers …
- Modified duration in debt mutual funds
Modified duration measures the price sensitivity of a bond or a debt mutual fund's portfolio to a 1 percentage point change in interest rates. A higher modified …