3 ms·
You obviously don't understand the concept of duration. You are comparing 5-10yr debt to 20-30yr debt. More apt comparison would be intermediate treasuries, mu
by kai-zer 15y ago
You obviously don't understand the concept of duration. You are comparing 5-10yr debt to 20-30yr debt.
More apt comparison would be intermediate treasuries, much different picture (time frame also questionable for a pure comparison):
http://finance.yahoo.com/q/bc?s=JNK&t=2y&l=on&z=l&q=l&c=ief http://finance.yahoo.com/q/bc?s=JNK&t=2y&l=on&z=...
- mynameishere 15y agoYou can see some better numbers here. Of course, when I say "interest rate risk", that function involves duration. http://etfdb.com/etf/JNK/fundamentals/ http://etfdb.com/etf/JNK/fundamentals/ http://etfdb.com/etf/IEF/fundamentals/ http://etfdb.com/etf/IEF/fundamentals/