Duration and yield beta are 2 measures of risk for bonds / bond portfolio.
Most Duration calculations assume yield beta as 1 or as a constant and calculate duration hedges.
Yield beta calculations assume Duration of both the bonds / indices being compared as same/ constant.
Is what i said above accurate ?
Thanks for your insights.
Most Duration calculations assume yield beta as 1 or as a constant and calculate duration hedges.
Yield beta calculations assume Duration of both the bonds / indices being compared as same/ constant.
Is what i said above accurate ?
Thanks for your insights.