Understanding duration can help investors decide which bonds are right for them. First of all, you shouldn’t confuse the financial term “duration” with a timeframe. In the bond world ...

Modified duration is a formula that measures the sensitivity of ... who developed the concept of bond duration in the 1930s. Calculating the Macaulay duration is the most difficult part of ...

Still, more than once I've had clients balk at the idea of investing in bonds, offering the explanation, "They don't return as much as stocks." That's where it becomes the financial advisor's job ...