hen the yield curve is flat, the capital gain is predicted to be much less, and there is little variability in the bond's total returns over time.
If you want to change selection, open document below and click on "Move attachment"
Yield curve - Wikipedia, the free encyclopedia and fall to par value at redemption.
A bond's market value at different times in its life can be calculated. When the yield curve is steep, the bond is predicted to have a large capital gain in the first years before falling in price later. W<span>hen the yield curve is flat, the capital gain is predicted to be much less, and there is little variability in the bond's total returns over time.
Rising (or falling) interest rates rarely rise by the same amount all along the yield curve—the curve rarely moves up in parallel. Because longer-term bonds have a larger duration, a ris
Summary
status
not read
reprioritisations
last reprioritisation on
suggested re-reading day
started reading on
finished reading on
Details
Discussion
Do you want to join discussion? Click here to log in or create user.