bruce tuckman

  1. Arka Bose

    Reinvestment rate w.r.t Term structure of yield curve

    Hi @David Harper CFA FRM and all, This is not related to FRM, but still concept applies, so I am asking here. In the CFA L3 textbook, this para is given: "In general, for an upward-sloping yield curve, the immunization target rate of return will be less than the yield to maturity because of...
    • Arka Bose
    • Thread
    • bruce tuckman interest rate reinvestment rate term structure
    • Replies: 4
    • Forum: Risk (general)
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