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Why Are Longer-Term Bonds More Sensitive to Changes in Interest

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Why are longer-term bonds more sensitive to changes in interest rates than shorter-term bonds?


Definitions:

Salivary Amylase

An enzyme found in saliva that starts the digestion of starches into sugars while food is still in the mouth.

Lipids

A group of naturally occurring molecules that include fats, waxes, sterols, fat-soluble vitamins, and others, which are crucial for cell structure and metabolism.

Fatty Acids

Long chains of hydrocarbons terminated with a carboxylic acid group, essential components of lipids.

Aminopeptidase

An enzyme that removes amino acids from the amino end of proteins, playing a critical role in digestion and other processes.

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