Duration is a measure that's closely rated to the term of a fixed-income security, and is used to determine the price sensitivity of the security when there is a change in interest rates. Learn how ...

Effective duration is a measure that tells you how sensitive bonds with embedded options are to changes in interest rates. What Is Effective Duration? Effective duration is a duration calculation for ...

Definition: As the term suggests, it is expressed in the form of number of years and measures a bond's sensitivity to change in interest rates. To be specific, it measures the change in market value ...