duration rallied

19:49 Mar 22, 2020
This question was closed without grading. Reason: Other

English language (monolingual) [PRO]
Bus/Financial - Finance (general) / Fixed Income
English term or phrase: duration rallied
Credit spreads widened but outright corporate returns were positive, carried by government bonds as ***duration rallied*** on safe-haven flows and partially on the expectation of further central bank easing.

Thank you!
Laura Vinti
United States
Local time: 05:40


SUMMARY OF ALL EXPLANATIONS PROVIDED
4duration improved//recovered
Lydia De Jorge
4duration recovered
Hasan GENC
3prices of longer term government (treasury) bonds rose
Kiet Bach


Discussion entries: 5





  

Answers


8 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
duration improved//recovered


Explanation:
my take

Lydia De Jorge
United States
Local time: 04:40
Works in field
Native speaker of: Native in SpanishSpanish, Native in EnglishEnglish
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10 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
duration recovered


Explanation:
There different kinds of duration; Macaulay duration, effective (modified) duration, dollar duration, key rate duration. Also convexity is related to duration. Although the Macaulay duration comes to mind fist, effective duration is more useful I think. It measures the sensitivity of the price of fixed-income securities to the interest changes. Here, I Think, effective duration is referred.

Source: Bond Market Analysis, and Strategies, Frank J. Fabozzi
You can also check Investments, Bodie, Cane, Marcus (it is very famous)

Hasan GENC
Türkiye
Local time: 12:40
Specializes in field
Native speaker of: Native in TurkishTurkish
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1 day 2 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
prices of longer term government (treasury) bonds rose


Explanation:
When there is a lot of uncertainty, investors would buy longer term government (treasury) bonds, because it is a "safe haven", causing their prices to rise.

Kiet Bach
United States
Local time: 02:40
Specializes in field
Native speaker of: Native in ChineseChinese
PRO pts in category: 16
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