Examlex
What facets of his troops' attitudes did Thomas Wentworth Higginson find noteworthy? For Higginson, why was the role of African American soldiers especially significant ("the pivot of the war")?
Convexity
An indicator of how the bond price's sensitivity to interest rate changes varies with the bond's yield, reflecting adjustments in the bond's duration.
Basis Points
A unit of measure used in finance to describe the percentage change in the value or rate of a financial instrument.
Duration Mismatch
The disparity between the sensitivity of asset prices and liability values to changes in interest rates, affecting firms and financial institutions' balance sheets.
S&P 500
A market index representing 500 of the largest companies listed on American stock exchanges.
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