Bond Duration - Spread Duration

Spread Duration

Sensitivity of a bond's market price to a change in Option Adjusted Spread (OAS). Thus the index, or underlying yield curve, remains unchanged.

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Famous quotes containing the words spread and/or duration:

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    Leaves up to the light”
    —Philip Larkin (1922–1986)

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    —Ralph Waldo Emerson (1803–1882)