The graph below displays the convexity of our 10-year 2% muni near par (calculated by shifting the yield curve 30 basis points). Above 103 the convexity is roughly 1.0, and then it begins to ...

But if you draw a graph with price on one axis and yield on the other, you don't get a straight line, you get a curve. Convexity is basically a measure of the shape of that curve.

Yield: Negative correlation; the lower the yield the higher the convexity/price sensitivity to yield changes. To best understand this, look at the graph above for the 30-year bond.

Negative convexity occurs when a bond’s duration increases as rates increase. ... This may not seem simple on the surface, but this is the easiest formula to use in Excel.

We’ll send you a myFT Daily Digest email rounding up the latest Central banks news every morning. Negative convexity is something which has been mentioned on this blog before. It sounds dramatic ...

The graph below shows the total number of publications each year in Graph Algorithms and Convexity Parameters. References [1] Integer programming models and polyhedral study for the geodesic ...

Positive and negative convexity. Generally speaking, there are two forms of convexity: positive and negative. Positive convexity is when the duration of a bond increases as its price decreases; ...

Positive and negative convexity. Generally speaking, there are two forms of convexity: positive and negative. Positive convexity is when the duration of a bond increases as its price decreases; ...

Negative convexity can help turn a modest flaw in a trader's assumptions into a whopping loss. No, it s not a flaw in bankers eyeglasses. It's part of the reason Morgan Stanley says it lost $3.7bn on ...

Negative convexity is something which has been mentioned on this blog before. ... than you might have expected looking at the graph. There is a simple reason for the apparent discrepancy.