This is the second year of my Link IV Program, I have three more years left. Each week I still look into the lottery and hope Section 8 re-opens for New York. 166 more words
Tags » Fixed Income
Macro Letter – No 99 – 22-06-2018
Where in the world? Hunting for value in the bond market
- Few government bond markets offer a positive real return… 1,124 more words
The much higher credit loss rate experienced with high-yield bonds results in an emphasis on ____ and ____ when evaluating a position.
Investment-grade bonds have lower ____ and ____ risks than high-yield bonds and are more sensitive to ____ and ____ which causes ____.
Number of futures contracts to modify a bond portfolio duration given a cheapest-to-deliver bond value (formula)
NF = (((MDURt – MDURi) * Portfolio Value)/(MDURctd * Pctd)) * Conversion Factor
MDURt = the target modified duration for the portfolio
MDURi = initial modified duration of the portfolio… 24 more words