Looking for investments offering predictable long-term returns, zero-coupon bonds might be a good choice. But what is a zero ...

By examining three different bonds, zero-coupon bonds, short-term bonds and long-term bonds, we can shed light on just how much duration can affect its value. The easiest duration to calculate ...

Macaulay's duration formula is as follows ... the term "convex"). Low-coupon and zero-coupon bonds, which tend to have lower yields, show the highest interest rate volatility.