Examlex
When using an ATM,keep in mind that
Yield Falls
A situation where the yields on bonds decrease, which typically occurs when bond prices increase.
Convexity
A measure of the curvature or the degree of the curve in the relationship between bond prices and bond yields.
Basis Points
A unit of measure used in finance to describe the percentage change in the value or rate of a financial instrument; one basis point is equivalent to 0.01%.
Predicted New Price
An estimation of a security's future price based on various factors, including market trends, economic indicators, and company performance.
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