Learn how the option-adjusted spread (OAS) helps in comparing fixed-income securities with embedded options, providing a more accurate analysis than simple yield comparisons.
Unlock the potential of your investments by understanding and utilizing the bond equivalent yield (BEY) to compare short-term and traditional fixed-income securities.
Discover how dollar duration helps bond fund managers measure and manage a portfolio's interest rate risk effectively. Learn the fundamental concepts, applications, and limitations of this crucial finance metric.
Explore the ins and outs of the 10-Year Treasury Note, a cornerstone of U.S. government debt securities. Learn how it functions, its key advantages, and the mechanisms at play.
Dive deep into the concept of Weighted Average Loan Age (WALA), an essential metric for assessing the maturity and profitability of mortgage-backed securities. Discover how WALA functions, its differences with weighted average maturity (WAM), and its implications for investors.