A bond portfolio manager is re-evaluating the position of funds in government bonds. His team tried to make the most of a mis-priced bond and they were now in the process of reexamining the outlook for interest rate changes, the current shape of the yield curve, and the recent move in interest rates.
This case introduces students to essential bond valuation and cost change issues, including duration and convexity, in addition to bond direction styles.
Publication Date: 11/19/1998
This is just an excerpt. This case is about Finance