Metrics & Ratios
Duration
A measure of a bond's sensitivity to interest rate changes, expressed in years. A bond with a duration of 5 years will lose approximately 5% in value for every 1 percentage point increase in interest rates.
A measure of a bond's sensitivity to interest rate changes, expressed in years. A bond with a duration of 5 years will lose approximately 5% in value for every 1 percentage point increase in interest rates.