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Basic Question 0 of 2
Refer to the following price-yield curve.

The estimated changes due to duration are represented by ______.
User Contributed Comments 2
User | Comment |
---|---|
msusolar | can anybody explain? |
CFAMay2022 | A&B reps changes in price due to change in YTM/slope of the tangent line (rather than actual changes on curve) |

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Learning Outcome Statements
explain how the phase of the business cycle affects policy and short-term interest rates, the slope of the term structure of interest rates, and the relative performance of bonds of differing maturities;
describe the factors that affect yield spreads between non-inflation-adjusted and inflation-indexed bonds;
CFA® 2025 Level II Curriculum, Volume 6, Module 37.