re: bonds
This query is : Resolved
RAMESH KUMAR VERMA
(Expert)
25 March 2011
In finance, convexity is a measure of the sensitivity of the duration of a bond to changes in interest rates. There is an inverse relationship between convexity and sensitivity - in general, the higher the convexity, the less sensitive the bond price is to interest rate shifts, the lower the convexity, the more sensitive.
for more info:-
https://en.wikipedia.org/wiki/Bond_convexity
for more info:-
https://en.wikipedia.org/wiki/Bond_convexity
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