When interest rates go up duration based calculation shows
When interest rates go up, duration based calculation shows that the value of the bond will go down and vice-versa. Why is the convexity adjustment always a positive amount regardless of the direction of the interest rate change?
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when interest rates go up duration based calculation shows that the value of the bond will go down and vice-versa why
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the statistical abstract of the united states was published for many years by the us census bureau the abstract
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