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Sep 10 2013

Duration: It’s Not Just For Bonds Anymore

  • Sep 10, 2013

We measure the sensitivity of common stocks to changes in interest rates using Implied Equity Duration. Growth-oriented sectors tend to have higher duration than Value-oriented sectors, while regional differences are largely explained by interest rate and risk premium differentials.

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About The Author

Chun Wang / Director of Multi-Asset Strategies

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