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Where are the palatine tonsils?
Default Risk
The risk associated with the possibility of a borrower failing to make required payments on their debt obligations.
Interest Rate Risk Premium
The compensation investors demand for bearing interest rate risk.
Term Structure
The relationship between interest rates or bond yields and different terms or maturities.
Duration
Duration is a measure of the sensitivity of the price of a bond or other debt instrument to changes in interest rates, typically expressed in years.
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