Chacko, George C., Peter A. Hecht, Vincent Dessain, and Anders Sjoman. "Note on Duration and Convexity." Harvard Business School Background Note 205-025, August 2004. (Revised September 2004.) ...

McGill University’s Henry Mintzberg revisits his award-winning HBR article. Sign up for The Daily Alert - Stay on top of our latest content with links to all the digital articles, videos, and podcasts ...

This is called "negative convexity" and leaves investors with lower portfolio duration than their benchmark. While 64% of outstanding mortgages are locked into interest rates below 4%, about 16% ...

and Walter P. Heller. "Mathematical Analysis and Convexity with Applications to Economics." In Handbook of Mathematical Economics, Vol. 1, edited by Kenneth J. Arrow and Michael D. Intriligator.

This is called “negative convexity” and leaves investors with lower portfolio duration than their benchmark. While 64 per cent of outstanding mortgages are locked into interest rates below 4 ...