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The relationship between consumer spending and disposable personal income is
Declining Interest Rates
A situation in which the general level of interest rates in the economy is decreasing, affecting borrowing costs, investment returns, and economic activity.
Capital Gain
The profit realized from the sale of a capital asset, such as stock or real estate, when the selling price exceeds the original purchase price.
Term To Maturity
The remaining time until a debt instrument is due for repayment.
Modified Duration
A measure of the sensitivity of a bond's price to changes in interest rates, modified to account for changes in cash flow schedules.
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