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Please briefly explain why the relation between bond returns and interest rate change is convex (i.e., bond convexity issue). And, as a bond investors, do

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Please briefly explain why the relation between bond returns and interest rate change is convex (i.e., bond convexity issue). And, as a bond investors, do we prefer holding a high-convexity bond or a low-convexity bond? Why? Please briefly explain why the relation between bond returns and interest rate change is convex (i.e., bond convexity issue). And, as a bond investors, do we prefer holding a high-convexity bond or a low-convexity bond? Why

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