Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A Morgan Stanley 3yr bond has a duration and spread duration of 3. If the spread tightens by 10bps and 3yr Treasuries yields decrease by
A Morgan Stanley 3yr bond has a duration and spread duration of 3. If the spread tightens by 10bps and 3yr Treasuries yields decrease by 20bps, what is the total percentage price change of the MS bond?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started