So, what is this "negative convexity ... more complicated than the simple long-senior short-junior play that Jardine hypothesizes. Part of the problem is that "convexity", as a concept is not ...

Convexity is a measurement of the degree of the curve plotted on a graph that demonstrates the ... the bond is said to have negative convexity. If a bond’s duration rises and yields fall ...

Speeding up means that there is a positive second derivative, while slowing down means that there is a negative ... convexity more directly, take a look at the following three graphs, all for ...

He is a Chartered Market Technician (CMT). Negative convexity exists when the shape of a bond's yield curve is concave. A bond's convexity is the rate of change of its duration, and it is measured ...

This is called "negative convexity" and leaves investors with lower portfolio duration than their benchmark. While 64% of outstanding mortgages are locked into interest rates below 4%, about 16% ...