Quantifying Interest Rate Risk
Lecture no. 11 from the course: Advanced Investments
Taught by Professor Steve L. Slezak | 31 min | Categories: The Great Courses Plus Online Economics & Finance Courses
Get an intuitive feel for the features that raise or lower interest rate risk on bonds. Practice calculating duration, and discover that the time to maturity may not be particularly close to the duration of a bond. This underscores the importance of focusing on the duration of your bond investments.