https://gdpark.blog/tags/duration/Recent content in Duration on gdpark.blogHugoenSat, 08 Jan 2022 00:00:00 +0000https://gdpark.blog/posts/cfa-l1-36-price-risk-reinvestment-risk-and-duration/Sat, 08 Jan 2022 00:00:00 +0000https://gdpark.blog/posts/cfa-l1-36-price-risk-reinvestment-risk-and-duration/YTM secretly assumes you reinvest every coupon at YTM itself — and that hidden assumption is exactly where price risk and reinvestment risk come from.