notices - See details
Notices
EL
Eric Lee (not verified)
26th June 2013 | 4:57am

Thank you for your article, but I wonder why investors want low convexity bonds.

From the above graphs, I can see the captal loss of 30 year bond is lowest among them when interest rates goes up. Does that mean people can get a benifit when they have high convexity bonds?(regardless of movement of interest changes)