Yield elasticity of bond value
id:
yield-elasticity-of-bond-value-233-18292399
title:
Yield elasticity of bond value
text:
The yield elasticity of bond value is the elasticity of the market value of a bond with respect to its yield—the percentage change in bond value divided by its causative percent change in the yield to maturity of the bond. Equivalently, it is the derivative of value with respect to yield times the. This is equal to the Macaulay duration times the discount rate, or the modified duration times the interest rate. If the elasticity is below -1, or above 1 if the absolute value is used, the product o
brand slug:
wiki
category slug:
encyclopedia
description:
Function of the Bond Market
original url:
https://en.wikipedia.org/wiki/Yield_elasticity_of_bond_value
date created:
date modified:
2023-04-18T17:10:25Z
main entity:
{"identifier":"Q8053544","url":"https://www.wikidata.org/entity/Q8053544"}
image:
fields total:
13
integrity:
14