A lot of analysis that gets written will refer to "technical factors" driving valuations. What this is referring to are situations where unique factors are impacting valuations. The classic ...

Duration, Convexity, and Credit Spreads. The iShares iBoxx $ Investment Grade Corporate Bond ETF has an effective duration of 8.39. With all other factors kept constant, ...

Overall, despite some false dawns, a clear message from Chart 1’s fall in yield until 2020 is that it has paid investors to add duration, and convexity, to portfolios early in the policy easing ...